NEW YORK, NY / ACCESSWIRE / October 1, 2024 / Pomerantz LLP is investigating claims on behalf of investors of VinFast Auto Ltd. ("VinFast" or the "Company") (NASDAQ:VFS).
NEW YORK, NY / ACCESSWIRE / October 1, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of VinFast Auto Ltd. ("VinFast Auto Ltd.
NEW YORK, NY / ACCESSWIRE / September 29, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of VinFast Auto Ltd. ("VinFast Auto Ltd.
NEW YORK, NY / ACCESSWIRE / September 29, 2024 / Pomerantz LLP is investigating claims on behalf of investors of VinFast Auto Ltd. ("VinFast" or the "Company") (NASDAQ: VFS).
NEW YORK, NY / ACCESSWIRE / September 27, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of VinFast Auto Ltd. ("VinFast Auto Ltd.
NEW YORK, NY / ACCESSWIRE / September 27, 2024 / Pomerantz LLP is investigating claims on behalf of investors of VinFast Auto Ltd. ("VinFast" or the "Company") (NASDAQ:VFS).
NEW YORK, NY / ACCESSWIRE / September 27, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of VinFast Auto Ltd. ("VinFast Auto Ltd.
NEW YORK, NY / ACCESSWIRE / September 25, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of VinFast Auto Ltd. ("VinFast Auto Ltd.
NEW YORK, NY / ACCESSWIRE / September 24, 2024 / Pomerantz LLP is investigating claims on behalf of investors of VinFast Auto Ltd. ("VinFast" or the "Company") (NASDAQ:VFS).
VinFast's Q2 results were disappointing, with a significant revenue miss and negative gross margins, highlighting ongoing financial struggles and declining average selling prices. The company's balance sheet is concerning, with high debt and negative working capital, although it has $2 billion in available liquidity from its founder and lending facilities. VinFast has reduced its 2024 delivery target and delayed its US facility timeline, leading to lowered analyst revenue estimates and a stretched valuation.
VinFast's loss widened year over year. Full-year delivery estimates will be challenging to achieve.
VinFast Auto Ltd. (NASDAQ:VFS ) Q2 2024 Earnings Conference Call September 20, 2024 8:00 AM ET Company Participants Nhi Nguyen - Investor Relations Le Thi Thu Thuy - Chairwoman Nguyen Thi Lan Anh - Chief Financial Officer Conference Call Participants Andres Sheppard - Cantor Fitzgerald Steven Wahrhaftig - Wedbush Securities Tyler DiMatteo - BTIG Operator Good day and thank you for standing by.