VinFast Auto (VFSWW) Projected to Post Earnings on Wednesday

VinFast Auto (NASDAQ:VFSWW) is projected to post its resultson Wednesday, April 22nd. Analysts expect VinFast Auto to post earnings of ($0.3125) per share and revenue of $1.0033 billion for the quarter.

VinFast Auto Price Performance

Shares of NASDAQ:VFSWW opened at $0.42 on Wednesday. The business has a 50-day moving average price of $0.20 and a 200 day moving average price of $0.19. VinFast Auto has a 12-month low of $0.11 and a 12-month high of $0.54.

VinFast Auto Company Profile

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.