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Suzuki's July Global Sales Surge 26% on Strong India Demand

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Suzuki Motor's (TYO:7269) global sales climbed 26% year over year to a record 324,006 units in July, boosted by strong overseas shipments and a 42% increase in India to 200,123 units.

Sales in Japan increased only slightly by 1.9% to 61,100 units during the month under review, according to a statement on Monday.

Global production hit a record 352,167 units, up 20% from a year earlier, with an all-time high in overseas output as India production surged 33% to 248,780 units.

Exports from Japan slipped 1.6% to 17,879 units in July, marking the first decline in five months.

Cumulative global sales for the January-July period reached 2.12 million units, up 12% from a year ago.

Global production for the seven months increased by 15% to 2.24 million units.

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