VinFast Auto Ltd. (VFS) Q3 2024 Earnings Call Transcript Summary
VinFast Auto Ltd. (VFS) Q3 2024 Earnings Call Transcript Summary
Reductions in net loss and improvements in EBITDA highlight enhanced cost control and increased sales efficiencies.The following is a summary of the VinFast Auto Ltd. (VFS) Q3 2024 Earnings Call Transcript:
以下是VinFast Auto Ltd. (VFS) 2024年第三季度業績會的摘要：
Financial Performance:
財務表現：
Q3 2024 net revenue reached $512 million, a 42% sequential and 49% year-over-year increase.
Gross loss margin improved significantly to -24% from Q2's -62.7% and Q3 2023's -27%.
Reductions in net loss and improvements in EBITDA highlight enhanced cost control and increased sales efficiencies.
2024年第三季度營業收入達到51200萬，環比增長42%，同比增長49%。
毛損失率顯著改善，達到-24%，而第二季度爲-62.7%，2023年第三季度爲-27%。
淨虧損的減少和EBITDA的改善突顯了成本控制的增強和銷售效率的提升。
Business Progress:
業務進展：
VinFast delivered a record 21,912 EVs, a growth of 66% quarter-over-quarter and 115% year-over-year.
Achieved a landmark as the market leader in Vietnam, surpassing international competitors.
Expanded international footprint, with growth in North America and new entries into Middle East and Indonesia markets.
Enhanced product offerings in various markets including the launch of VF9 in North America and planned introductions of VF6 and VF7.
VinFast交付了創紀錄的21,912輛電動車，環比增長66%，同比增長115%。
在越南取得了里程碑式的成就，成爲市場領導者，超過了國際競爭對手。
擴展國際足跡，在北美增長並新進入中東和印度尼西亞市場。
在各個市場增強產品供應，包括在北美推出VF9，計劃推出VF6和VF7。
Opportunities:
機會：
The expansion into emerging markets such as the Middle East and Indonesia, with new dealership openings and showroom expansions, aligns with the global EV adoption trend.
Increased market share in Vietnam's growing middle-class population, expected to significantly enhance EV ownership.
進入中東和印度尼西亞等新興市場，新增經銷商和展廳擴展，符合全球電動汽車 adoption趨勢。
在越南不斷增長的中產階級中提高市場份額，預計將顯著提升電動汽車擁有量。
Risks:
風險：
Future success depends on continued growth and acceptance of EVs internationally, especially in highly competitive markets like North America.
Potential challenges in scaling production to meet the 80,000 EV delivery target for 2024.
未來的成功依賴於電動汽車在全球的持續增長和接受，特別是在像北美這樣的高度競爭市場。
在擴大生產以滿足2024年8萬輛電動汽車交付目標方面潛在面臨挑戰。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
