Hyundai Motor Co (HYMLF) Q2 2025 Earnings Call

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WEBVTT 00:00:00.706 -- 00:00:03.790 Good afternoon. I am Yoon Tae-sik of IR Group. 00:00:03.790 -- 00:00:09.275 Welcome everyone to HMC second quarter business results conference call. 00:00:10.140 -- 00:00:14.726 On behalf of the Hyundai Motor Group, Hyundai Motor Company, I appreciate your time. 00:00:14.726 -- 00:00:20.655 And please refer to the presentation HMC 2025 Q2 business results on our IR website. 00:00:20.655 -- 00:00:25.597 The presentation includes quarterly key events, sales performance, and profit analysis. 00:00:25.597 -- 00:00:30.304 And for a quarterly summarized cash flow statement and detailed regional sales breakdowns, 00:00:30.304 -- 00:00:33.028 please refer to the appendix. 00:00:33.028 -- 00:00:37.836 First, second quarter key messages. Starting from this quarter, we'll briefly introduce 00:00:37.836 -- 00:00:41.498 the key messages of our quarterly performance. 00:00:42.122 -- 00:00:47.470 Sales have continuously stabilized post-COVID, with second quarter sales reaching 00:00:47.470 -- 00:00:49.874 1,066,000 units, 00:00:49.874 -- 00:00:53.416 the highest level since 2020. 00:00:54.436 -- 00:00:56.339 up 0.8% 00:00:56.339 -- 00:00:59.143 compared to the previous year. The 00:00:59.143 -- 00:01:04.311 favorable exchange rate environment has persisted, recording an average exchange rate 00:01:04.311 -- 00:01:08.678 of $1,404.01 and a quarter end rate of $1,356.01. 00:01:08.678 -- 00:01:10.678 The 00:01:11.983 -- 00:01:16.870 quarter end rate being lower than the average rate had a favorable impact on debt evaluation. 00:01:16.870 -- 00:01:22.465 Lastly, the Palisade hybrid successfully addressed the demand for HUV 00:01:22.465 -- 00:01:28.431 SUV, HEVs in Q2 achieving a wholesale sales volume of around 15,000 units. 00:01:28.431 -- 00:01:34....