VinFast Auto’s Financial Challenges Amid Global Ex…
From Financial Modeling Prep: 2024-10-31 04:06:40
VinFast Auto, trading as VFS on NASDAQ, reported an EPS of -$0.21 and revenue of $357 million, missing expectations. Despite a 66% increase in third-quarter deliveries, the company postponed its North Carolina factory launch and lowered delivery forecasts. Financial challenges include a negative P/E ratio of -3.65 and a current ratio of 0.32, indicating potential liquidity concerns.
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