Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
VinFast's revenues reached USD 437 million
in the fourth quarter of 2023, a 26% increase from the previous quarter and a
133% increase year-over-year. VinFast,
which delivered a total of 34,855 electric vehicles(EVs) in FY 2023, marking a 374% increase compared to the
previous year, targets to deliver 100,000 vehicles in FY 2024, leveraging a
larger distribution network and supported by resilient and potentially
recovering macroeconomic conditions.
The 2023 sales included 13,513 electric
vehicles in the fourth quarter, up 35% from the third quarter of 2023.
Despite a slight decrease in the fourth quarter of 2023 compared to the third
quarter, e-scooter deliveries also saw significant growth, rising 48%
year-over-year for a total of 72,468 units in 2023.
VinFast's revenues reached USD 437 million
in the fourth quarter of 2023, a 26% increase from the previous quarter and a
133% increase year-over-year. This growth was driven by both higher sales
volumes and an improved product mix.
Total revenues reached USD 1,198 million in
FY 2023, representing an increase of 91% from 2022. Gross
loss was USD 174.9 million in the fourth quarter of 2023, and was USD 551.6
million in FY 2023.
VinFast's gross profit margin showed significant improvement compared to the
previous fiscal year. Gross margin was negative (46%) in FY 2023, compared to
negative (82%) in FY 2022. In the fourth quarter of 2023, gross margin reached
negative (40.1%), compared to negative (82.6%) in the fourth quarter of 2022.
