VinFast Auto (VFSWW) Expected to Post Earnings on Friday

VinFast Auto (NASDAQ:VFSWWGet Free Report) is projected to announce its results before the market opens on Friday, September 18th. Analysts expect VinFast Auto to post earnings of ($0.33) per share and revenue of $1.1493 billion for the quarter.

VinFast Auto Price Performance

Shares of NASDAQ:VFSWW opened at $0.19 on Wednesday. The company’s 50-day moving average price is $0.27 and its two-hundred day moving average price is $0.31. VinFast Auto has a one year low of $0.11 and a one year high of $0.58.

VinFast Auto Company Profile

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VinFast Auto Pte. Ltd., a subsidiary of Vietnam’s Vingroup JSC, is the nation’s first major automotive manufacturer and a rapidly growing player in the global electric vehicle (EV) market. Founded in 2017 and headquartered in Hai Phong, Vietnam, the company was established with the ambition of designing, developing and producing passenger vehicles that meet international quality and safety standards. VinFast has leveraged Vingroup’s financial and industrial backing to bring its first models to market within a remarkably short timeframe, positioning itself as a pioneer among new-generation EV brands.

The company’s core business revolves around the design, engineering, production and sale of EVs, including sport utility vehicles and electric buses.

Further Reading

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