Read the following dialogue and answer the question.

Reyhan: Hi, Pablo. How was the chemistry competition? Did you and your team go home with the medals?
Pablo : Thank God, we did. Fortunately, we succeeded to get the first rank.
Reyhan: Great! Good job. Congratulations on your team's success!
Pablo : Thank you so much for saying so. So, how about you? I mean your competition in economy?
Reyhan: Ah, we didn’t make it. I mean we didn’t make the first place but we got third place. However, we are so happy because many schools were joining the competition this year.
Pablo : That’s okay. Being the third place is good enough. I am sure you and your team did it very well. I congratulate you on your great success.
Reyhan: Thanks, mate! We still have to learn more about how to get the gold medal as your team did.
Pablo : Cool. Let's fight for the next competition, then.

What are the speakers talking about?