Core Viewpoint - Songyuan reported a decline in revenue for Q2 2025, with a comprehensive sales figure of 2,654 billion KRW, a 3.0% decrease compared to the same period last year, while the first half of 2025 saw a 2.2% increase in sales compared to 2024 [1] Financial Performance - In Q2 2025, Songyuan recorded a loss of 1.481 billion KRW, significantly lower than the profit of 10.575 billion KRW in the same quarter last year [1] - For the first half of 2025, the profit was 3.376 billion KRW, down from 17.237 billion KRW in the previous year [1] Market Challenges - The company continues to face challenges from Q1 2025, including weak global demand, geopolitical uncertainties, and ongoing pressure on profit margins [1] - Macroeconomic factors such as geopolitical restrictions and regulatory changes have consistently impacted market demand [1] - Increased uncertainty in U.S. trade policies and currency fluctuations have intensified competition in key markets, particularly in Asia and Europe [1] Future Outlook - Songyuan anticipates a slowdown in overall economic growth, with continued pressure on profit margins due to oversupply, leading to demand potentially falling short of previous expectations [1] - The company plans to monitor global developments closely and believes it can address emerging challenges while providing reliable product supply to customers [1]

Core Viewpoint - The Bank of Thailand and the Ministry of Finance are discussing measures to address currency fluctuations that are inconsistent with fundamental factors, particularly the impact of gold prices on the Thai baht [1] Group 1 - The Deputy Governor of the Bank of Thailand, Roong Mallikamas, highlighted that gold prices are a non-fundamental factor influencing the baht's movements [1] - Authorities are seeking ways to reduce the correlation between the baht's fluctuations and non-fundamental issues [1] - Roong emphasized that the baht should act as a shock absorber rather than an amplifier, indicating that non-fundamental issues need to be addressed [1]

Core Viewpoint - The U.S. Treasury Secretary emphasized that fluctuations in currency are natural and reaffirmed the commitment to a strong dollar policy [1] Group 1 - Currency fluctuations are considered a normal occurrence in the financial landscape [1] - The U.S. administration maintains its stance on promoting a strong dollar [1]

Core Viewpoint - Japanese Finance Minister Kato Katsunobu reiterated that excessive currency fluctuations have adverse effects on economic and financial stability [1] Group 1 - The statement emphasizes the importance of stable currency values for maintaining economic health [1] - The minister's comments reflect ongoing concerns regarding the impact of currency volatility on market confidence and investment [1] - The government is likely to monitor currency movements closely to mitigate potential risks to the economy [1]

Core Viewpoint - The Governor of the Bank of Thailand emphasizes the importance of ensuring that the Thai Baht does not experience excessive volatility [1] Group 1 - The central bank is committed to maintaining stability in the currency to support economic growth [1] - The Governor highlighted that fluctuations in the Baht could impact inflation and overall economic conditions [1] - Measures may be implemented to mitigate any potential risks associated with currency volatility [1]

Core Viewpoint - The impact of global economic growth and global trade on Malaysia's exports will surpass the effects of currency fluctuations [1] Group 1 - Malaysia's Trade Minister emphasizes that external economic factors are more significant for export performance than local currency movements [1]