Zhitong Finance App learned that Southeast Asia's electric vehicle leader VinFast (VFS.US) announced financial results for the first quarter. Q1 revenue increased approximately 150% to $656.5 million, higher than analysts' expectations. However, this was not enough to offset the rise in sales and operating costs, with the company losing $0.30 per share, slightly higher than analysts' forecast loss of $0.28. After the announcement of the results, as of press release, the company's stock price had risen 10.52% before the market.

Zhitongcaijing · 06/09 13:17
Zhitong Finance App learned that Southeast Asia's electric vehicle leader VinFast (VFS.US) announced financial results for the first quarter. Q1 revenue increased approximately 150% to $656.5 million, higher than analysts' expectations. However, this was not enough to offset the rise in sales and operating costs, with the company losing $0.30 per share, slightly higher than analysts' forecast loss of $0.28. After the announcement of the results, as of press release, the company's stock price had risen 10.52% before the market.