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FINWIRES

Honda Sales in Japan Rise 18% in July; Exports Fall Except for Europe

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Honda's (TYO:7267) sales in Japan climbed 18% year-on-year to 61,799 units in July, with increases in both registrations and mini-vehicle sales, marking the fourth consecutive monthly gain, according to company data released Aug. 28.

Global production fell 3.3% to 268,520 units, with output outside Japan declining 4.7% to 200,070 units, as Chinese production plunged 75.1% to just 13,932 units.

Exports from Japan dropped 8.2% to 8,589 units, with shipments to Europe surging 48% while exports to the U.S., Asia and other regions declined.

What else is happening in Asia?

Asia

CALB Group's H1 Attributable Profit, Revenue Soar

CALB Group (HKG:3931) reported 935.1 million yuan in profit attributable to owners for the first half, compared with 466 million yuan a year ago, a Friday bourse filing showed.EPS moved to 0.5276 yuan from 0.2629 yuan year over year.For the six months ended June 30, revenue was 27.1 billion yuan, versus 16.4 billion yuan previously, the EV battery maker said.The company proposed an interim dividend of 0.60 yuan per 10 ordinary shares for the period.

HKG:3931
Asia

Time Interconnect Technology's H1 Attributable Profit, Revenue Soar

Time Interconnect Technology (HKG:1729) reported HK$827.6 million in profit attributable to owners for the first half, compared with HK$314 million a year ago, a Friday bourse filing showed.EPS moved to HK$0.3808 from HK$0.1555 year over year.For the six months ended June 30, revenue was HK$10.1 billion, versus HK$4.85 billion previously, the electrical components maker said.The company declared an interim dividend of HK$0.06 per ordinary share for the period, payable to shareholders of record as of Sept. 16.

HKG:1729
Asia

MCC Posts Lower H1 Attributable Profit, Operating Income

Metallurgical Corp. of China (SHA:601618, HKG:1618), or MCC, reported 2.33 billion yuan in profit attributable to shareholders for the first half, compared with 3.1 billion yuan a year ago, a Friday bourse filing showed.EPS moved to 0.05 yuan from 0.09 yuan year over year.For the six months ended June 30, operating income was 175.9 billion yuan, versus 237.5 billion yuan previously, the engineering construction company said.

HKG:1618SHA:601618