VinFast Auto's Q4 Revenue Up 68.8%, Backs 2025 Deliveries Guidance

VinFast Auto's Q4 revenue increased 68.8% YoY to VND16,496.4 billion ($677.9 million). The company reported a net loss of VND30,594.8 billion for the quarter. Despite the loss, VinFast Auto's confident tone on 2025 deliveries pushed its stock higher in afternoon trading.

VinFast Auto Ltd. (NASDAQ: VFS) reported a significant increase in Q4 revenue, with a 68.8% year-over-year (YoY) growth to VND16,496.4 billion ($677.9 million). Despite a net loss of VND30,594.8 billion for the quarter, the company's stock price rose 3.4% in afternoon trading after expressing confidence in its 2025 delivery targets.

The electric vehicle (EV) deliveries rose 143% to 53,139 units in Q4 2024, contributing to the overall growth. For the full year 2024, EV deliveries were up 192% to 97,399 units. VinFast's Chairwoman, Madam Thuy Le, highlighted the company's ability to navigate a challenging market environment and emphasized the broader momentum behind the transition to electric vehicles.

VinFast reiterated its 2025 guidance, stating that the sales plan is built with flexibility in mind to monitor the evolving macro landscape. The company remains committed to investing in research and development (R&D) and capital expenditure to build "better-quality, better-performing" electric vehicles. These investments are expected to be strategically balanced by continued efficiencies across other areas of the business, thanks to top-line growth and further cost savings.

The stock price of VinFast (VFS) was up 3.4% at 2:40 p.m. on April 25, 2025, compared to the 52-week range of $2.44 to $6.42. The market cap on VFS stands at $7.8 billion.

References:
[1] https://seekingalpha.com/news/4435125-vinfast-auto-gains-after-backing-its-2025-deliveries-guidance
[2] https://www.automotiveworld.com/news-releases/vinfast-delivered-400-vf-3-to-indonesian-dealers-and-customers-within-two-months-of-launch/