VinFast's quarterly revenue jumps on strong Asian demand
VinFast's quarterly revenue jumps on strong Asian demand Oct 19 (Reuters) - Vietnamese EV maker VinFast VFS.O on Monday reported an 85.5% year-on-year jump in second-quarter revenue driven by strong demand in Asia.
Quarterly revenue rose to 30.3 trillion dong ($1.17 billion), helped by stronger sales in Vietnam and growing contributions from high-growth overseas markets including India, Indonesia and the Philippines, the company said in a statement.
($1 = 25,892.0000 dong)
(Reporting by Phuong Nguyen in Hanoi and Prathik Jayaprakash in Bengaluru; Editing by Jonathan Ananda)
((Prathik.Jayaprakash@thomsonreuters.com; +91 9916364306))
Recent news on VinFast Auto
See all newsAuto File: Europe or bust
VinFast drops as Q2 operating loss nearly triples
VinFast Auto Ltd reports results for the quarter ended June 30 - Earnings Summary
VinFast's overseas push lifts quarterly revenue as restructuring gains trim net loss (updated)
Brief: Vinfast Auto - Offers Lease Terms From $399/Month And 0% Apr Financing Up To 84 Months