Positive

⏸️ PSO: HOLD Signal (6/10) – Resolutions passed and adopted at the 49th AGM

⚡ Flash Summary

Pakistan State Oil’s 49th Annual General Meeting (AGM) resolutions were adopted, including the confirmation of the minutes of the 48th AGM and the approval of the audited financial statements for the year ended June 30, 2025. KPMG Taseer Hadi & Co. were re-appointed as external auditors for the year ending June 30, 2026. Shareholders also approved a final cash dividend of Rs. 10 per share, representing 100% of the face value, for the year ended June 30, 2025. These decisions indicate continued operational and financial oversight, as well as shareholder returns.

Signal: HOLD ⏸️
Strength: 6/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • ✅ Minutes of the 48th AGM held on October 24, 2024, were confirmed.
  • 📊 Audited unconsolidated and consolidated financial statements for the year ended June 30, 2025, were adopted.
  • 🤝 KPMG Taseer Hadi & Co. re-appointed as external auditors for the year ending June 30, 2026.
  • 💰 Final cash dividend of Rs. 10 per share (100%) approved for the year ended June 30, 2025.
  • 📅 AGM held on October 24, 2025, at the Pearl Continental Hotel, Karachi.
  • 💻 Meeting also conducted through video-conferencing.
  • 📜 Resolutions passed as per clause 5.6.9 (b) of the PSX Rule Book.
  • audit Approved annual financial statement for year end June 30, 2025
  • Dividend Approved final dividend of Rs. 10 per share for year end June 30, 2025
  • Auditor Approved M/s. KPMG Taseer Hadi & Co., Chartered Accountants, as external auditors of the Company for the year ending June 30, 2026.

🎯 Investment Thesis

Given the approval of the dividend payout and re-appointment of auditors, a HOLD recommendation is appropriate. This suggests that investors should maintain their current positions while monitoring the company’s performance and external factors. Based on the provided information, there is not sufficient evidence to warrant a BUY or SELL decision. However, more information on the financials is needed to give a buy or sell rating.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

📈 BAHL: BUY Signal (7/10) – BAHL – Notice of Book Closure For Entitlement of 3rd Interim Cash Dividend For the Quarter Ended September 30, 2025

⚡ Flash Summary

Bank AL Habib Limited (BAHL) has announced its 3rd interim cash dividend for the year ending December 31, 2025, at a rate of 35% or Rs. 3.50 per share. The book closure for determining entitlement is set from November 3, 2025, to November 5, 2025. Shareholders are urged to update their bank account details to receive dividends electronically and ensure their active taxpayer status to avoid higher tax deductions. They are also requested to claim any unclaimed shares/dividends and convert physical shares to book-entry form.

Signal: BUY 📈
Strength: 7/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 💰 BAHL declares a 3rd interim cash dividend @ 35%, equivalent to Rs. 3.50 per share.
  • 🗓️ Book closure is scheduled from November 3, 2025, to November 5, 2025.
  • 🏦 Dividend will be paid electronically to shareholders’ designated bank accounts.
  • 📝 Shareholders must update bank details by October 31, 2025, to ensure smooth dividend receipt.
  • 📄 An E-Dividend Bank Mandate Form is available on BAHL’s website for updating bank details.
  • 💳 Valid CNIC copies are required alongside the E-Dividend form.
  • ⚠️ Failure to provide correct IBAN or CNIC may result in dividend withholding.
  • 🧾 Tax deduction will be 15% for active taxpayers and 30% for non-active taxpayers.
  • ✅ Shareholders should ensure their names are on the Active Taxpayers List (ATL) to avail of the lower tax rate.
  • 🤝 Joint account holders must provide shareholding proportions by October 31, 2025.
  • 🏢 Corporate entities must provide a valid tax exemption certificate by October 31, 2025, for tax exemption.
  • 🌐 CDC has developed a Centralized Cash Dividend Register (CCDR) on its eServices Web Portal.
  • 🔗 Shareholders can register on CDC’s eServices Portal to view dividend details.
  • ⏳ Shareholders are urged to claim any unclaimed dividends or shares.
  • 🔄 Physical shares should be converted to book-entry form as per regulations.

🎯 Investment Thesis

Based on the announcement of a 35% interim cash dividend, a BUY recommendation is warranted. The dividend yield will provide some downside protection during market volatility. The price target is Rs 60, with a time horizon of 6 months, based on an assumed dividend yield of 5.8% and a stable economic outlook.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

⏸️ SZTM: HOLD Signal (6/10) – FINANCIAL RESULTS FOR THE QUARTER ENDED SEPTEMBER 30, 2025

⚡ Flash Summary

Shahzad Textile Mills Limited (SZTM) reported a profitable quarter, reversing losses from the same period last year. Sales increased significantly, driving the improved financial performance. The company achieved a net profit of PKR 66.008 million, a stark contrast to the PKR 28.746 million loss in the prior year. Earnings per share (EPS) also reflected this turnaround, rising to PKR 3.67 from a loss of PKR 1.60 per share. However, cash flow from operating activities remains negative.

Signal: HOLD ⏸️
Strength: 6/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 📈 Sales surged to PKR 3,354.647 million, up from PKR 2,227.070 million in the same quarter last year.
  • 💰 Net profit soared to PKR 66.008 million, compared to a loss of PKR 28.746 million in the prior year.
  • ⭐ Earnings per share (EPS) increased to PKR 3.67, a significant improvement from a loss of PKR 1.60.
  • 📊 Gross profit increased substantially to PKR 282.235 million from PKR 115.139 million.
  • ⚠️ Operating profit improved significantly to PKR 127.504 million from a loss of PKR 10.877 million.
  • 💸 Finance costs decreased to PKR 22.134 million compared to PKR 33.721 million.
  • 🏦 Operating cash flow is negative at PKR (47.726) million, lower than prior year’s PKR (223.349) million.
  • 📉 Cash and cash equivalents increased to PKR 491.378 million from PKR 386.233 million at the beginning of the period.
  • ✔️ Total Equity increased to PKR 3,598.564 million from PKR 3,532.556 million as of June 30, 2025.
  • 🏭 Property, plant, and equipment increased to PKR 2,788.547 million from PKR 2,721.486 million.
  • 🧾 Trade and other payables increased to PKR 1,036.870 million from PKR 935.371 million.
  • ❗ No cash dividend, bonus shares, or right shares were recommended by the board.
  • ✅ Short term borrowings increased to PKR 1,075.305 million from PKR 871.519 million

🎯 Investment Thesis

Based on the improved financial performance, a HOLD recommendation is appropriate for SZTM. The company has demonstrated a strong turnaround in profitability and revenue growth. However, the negative operating cash flow is a cause for concern, and requires careful monitoring. A price target of PKR 80, with a time horizon of 12 months, is suggested, contingent on the company improving its cash flow generation and maintaining its revenue growth trajectory.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

⏸️ STJT: HOLD Signal (6/10) – Transmission of Quarterly Report for the Period Ended 30-09-2025 REVOKED

⚡ Flash Summary

Shahtaj Textile Limited reported a decrease in net sales revenue for the quarter ended September 30, 2025, falling by 15.7% from Rs 1.968 billion to Rs 1.659 billion, primarily due to increased sales orders booked against processing charges. Despite the revenue decline, the company achieved an after-tax profit of Rs 57.313 million, a significant increase from Rs 1.08 million in the same period last year, resulting in an EPS of Rs 5.93 compared to Rs 1.08. The increase in profitability was attributed to a higher gross profit rate, which rose from 8.89% to 11.74% due to marketing efforts, efficient inventory procurement, cost control, and the generation of renewable energy.

Signal: HOLD ⏸️
Strength: 6/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 📉 Net Sales Revenue decreased by 15.7%, from Rs 1.968 billion to Rs 1.659 billion.
  • ✅ After-tax profit surged to Rs 57.313 million, up from Rs 1.08 million YoY.
  • 👍 Earnings Per Share (EPS) increased significantly to Rs 5.93 from Rs 1.08 YoY.
  • 📈 Gross Profit (GP) rate improved from 8.89% to 11.74%.
  • ⬇️ Distribution costs decreased due to reduced export sales.
  • ⬆️ Administrative expenses increased due to inflation.
  • 📉 Finance costs decreased due to prudent financial management and lower policy rates.
  • ☀️ The company installed a 1 MW solar plant last year and plans to add 3.3 MW in the current financial year.
  • ⚠️ Textile industry faces challenges including recent heavy rains and floods impacting crops.
  • ⚠️ High tax rates and energy prices may impact future profit margins.
  • 🤝 Government is expected to introduce business-friendly policies to support industrial growth.

🎯 Investment Thesis

Based on the provided information, a HOLD recommendation is appropriate. While the company has demonstrated a significant improvement in profitability and EPS, the revenue decline and external risks warrant caution. A price target cannot be accurately assessed without additional valuation data, such as sector-specific ratios. Further monitoring of revenue trends, cost management, and government policy changes is recommended. Current positive momentum is offset by external risks.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

⏸️ BFBIO: HOLD Signal (6/10) – Financial Results for the Quarter Ended 2025-09-30

⚡ Flash Summary

BFBIO’s financial results for the quarter ended September 30, 2025, show a significant increase in revenue compared to the same period last year. Revenue grew from Rs. 1,386.37 million to Rs. 2,432.29 million. Despite increased operating expenses, the company managed to increase its profit after taxation from Rs. 115.27 million to Rs. 159.52 million. The earnings per share (EPS) remained relatively stable at Rs. 1.81.

Signal: HOLD ⏸️
Strength: 6/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 🚀 Revenue increased by 75.4% YoY, from Rs. 1,386.37 million to Rs. 2,432.29 million.
  • 💰 Gross profit surged by 84.1% YoY, from Rs. 563.83 million to Rs. 1,038.33 million.
  • ⚠️ Selling and distribution expenses increased significantly from Rs. 304.87 million to Rs. 709.17 million.
  • 📈 Profit from operations rose by 34.2% YoY, from Rs. 221.26 million to Rs. 297.05 million.
  • 📉 Finance costs decreased by 24.7% YoY, from Rs. 35.03 million to Rs. 26.39 million.
  • ✅ Profit before income tax increased by 47.5% YoY, from Rs. 181.59 million to Rs. 267.89 million.
  • 📊 Income tax expense increased by 63.4% YoY, from Rs. 66.31 million to Rs. 108.37 million.
  • 🌟 Profit after taxation increased by 38.4% YoY, from Rs. 115.27 million to Rs. 159.52 million.
  • 💲 Earnings per share (EPS) remained relatively constant at Rs. 1.81 compared to Rs. 1.82 last year.
  • 💸 Cash generated from operations increased from Rs. 73.50 million to Rs. 131.21 million.
  • 🧱 Total assets increased from Rs. 8,158.53 million to Rs. 8,733.56 million.
  • 🌱 Unappropriated profit increased from Rs. 2,616.77 million to Rs. 2,776.29 million.

🎯 Investment Thesis

HOLD. BFBIO has shown strong revenue growth and improved profitability. However, increased operating expenses and income tax expenses need to be monitored. Given the mixed signals, it is prudent to maintain a HOLD rating. The price target should be revised upon further analysis of cost management and market dynamics.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

⏸️ SHFA: HOLD Signal (6/10) – Financial Results for the 1st Quarter Ended September 30, 2025

⚡ Flash Summary

Shifa International Hospitals Limited’s unaudited financial results for Q1 2026 show improved performance compared to Q1 2025. Revenue increased, leading to higher profit before tax and profit for the period. The earnings per share also rose, indicating better profitability for shareholders. The Board did not recommend a cash dividend. Further analysis is needed to assess the sustainability and drivers of this growth.

Signal: HOLD ⏸️
Strength: 6/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 🚀 Revenue increased by 7.85% from PKR 7,061.37 million to PKR 7,615.51 million.
  • ✨ Other income more than doubled, rising by 139.6% from PKR 44.94 million to PKR 95.87 million.
  • 💰 Operating costs increased by 7.11% from PKR 5,951.54 million to PKR 6,374.52 million.
  • 📉 Finance costs decreased by 14.8% from PKR 98.92 million to PKR 84.28 million.
  • 📉 Expected credit losses increased by 21.5% from PKR 19.89 million to PKR 24.15 million.
  • 👍 Profit before levies and income tax rose by 18.6% from PKR 1,035.97 million to PKR 1,228.42 million.
  • 📈 Income tax expense increased by 19.0% from PKR 407.30 million to PKR 484.84 million.
  • 🎉 Profit for the period increased by 18.3% from PKR 628.68 million to PKR 743.58 million.
  • ⭐ Earnings per share (basic and diluted) increased by 18.2% from PKR 9.95 to PKR 11.76.
  • ❌ No cash dividend was recommended by the Board.
  • Balance sheet analysis shows an increase in total assets from PKR 21,430.98 million to PKR 23,438.71 million.
  • Non-current assets increased significantly from PKR 13,913.72 million to PKR 16,454.21 million, mainly due to higher long-term investments.
  • Current assets decreased slightly from PKR 7,517.26 million to PKR 6,984.50 million.
  • Total liabilities increased from PKR 7,124.36 million to PKR 8,388.51 million.

🎯 Investment Thesis

Based on the improved Q1 performance, a HOLD recommendation is appropriate. While the company shows positive momentum, further analysis is needed to understand the sustainability of this growth and the impact of increased long-term investments. A price target of PKR 130, reflecting a 10x multiple on the annualized EPS, is set with a time horizon of 12 months, pending more comprehensive analysis and future performance data.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

📈 FEROZ: BUY Signal (7/10) – Financial Results for the Quarter Ended 2025-09-30

⚡ Flash Summary

Ferozsons Laboratories Limited has reported a positive first quarter for fiscal year 2025. Revenue increased significantly year-over-year, driving an increase in gross profit. The company demonstrated improved operational efficiency, translating to higher profit from operations, though finance costs remain a significant expense. Overall, the company’s performance suggests a positive trajectory for the near term, with earnings per share increasing from 3.23 to 4.20.

Signal: BUY 📈
Strength: 7/10
Sentiment: POSITIVE
Time Horizon: SHORT_TERM

📌 Key Takeaways

  • 🚀 Revenue surged by 15.8%, from PKR 3.36 billion to PKR 3.88 billion.
  • 💰 Gross profit jumped by 20.9%, reaching PKR 1.58 billion from PKR 1.31 billion.
  • 📈 Profit from operations increased by 5.65%, reaching PKR 377.3 million.
  • 💸 Finance costs decreased significantly from PKR 158.6 million to PKR 79.9 million.
  • ✅ Profit before income tax rose substantially, reaching PKR 292.4 million.
  • 🧾 Income tax expense increased from PKR 49.2 million to PKR 110 million.
  • 📊 Profit after taxation increased by 29.8%, from PKR 140.5 million to PKR 182.4 million.
  • ⭐ Basic and diluted earnings per share improved from PKR 3.23 to PKR 4.20.
  • 📉 Stock in trade decreased from PKR 4.93 billion to PKR 4.15 billion, indicating efficient inventory management.
  • 💸 Trade debts increased from PKR 2.10 billion to PKR 2.30 billion, signalling improved sales.
  • 🏦 Cash and bank balances rose slightly from PKR 345.6 million to PKR 357.7 million.
  • 💼 Total equity increased from PKR 9.37 billion to PKR 9.55 billion.
  • ⚠️ Finance costs, although decreased, still pose a significant expense at PKR 79.9 million.
  • ✅ Non-current assets showed a slight decrease from PKR 6.81 billion to PKR 6.74 billion.

🎯 Investment Thesis

Based on the improved financial performance, particularly the revenue growth, the reduction in finance costs, and the increase in earnings per share, a BUY rating is justified. A price target of PKR 500, based on a conservative P/E multiple of 12x the current EPS, seems reasonable. This is a SHORT_TERM investment horizon, anticipating continued positive performance in the coming quarters.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

⏸️ SHFA: HOLD Signal (6/10) – Disclosure of Material Information

⚡ Flash Summary

Shifa International Hospitals Ltd. (SIHL) announced a proposed merger with its subsidiary, Shifa Medical Center Islamabad (Private) Limited (SMCI), to streamline the corporate structure. The amalgamation aims to improve operational efficiency, reduce costs, and enhance resource utilization. SIHL expects that the merger will lead to economies of scale and future growth. The proposed amalgamation is subject to required regulatory approvals.

Signal: HOLD ⏸️
Strength: 6/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 🏥 SIHL plans to merge with its subsidiary SMCI.
  • 🏢 The goal is to simplify the corporate structure.
  • ⚙️ Operational efficiencies are a primary driver.
  • 💰 Cost reduction is expected.
  • 💪 Enhanced resource utilization is anticipated.
  • 📈 SIHL aims for long-term success through the merger.
  • ⚖️ Regulatory approvals are required.
  • 🧩 The merger will consolidate resources.
  • 📊 Improved financial reporting is expected.
  • 🌱 The combined entity will be better positioned for expansion.

🎯 Investment Thesis

Given the limited financial details, a HOLD recommendation is appropriate. The merger has the potential to improve SIHL’s operational efficiency and profitability, but uncertainties remain. Further information on the merger terms and projected financials is needed before a BUY recommendation can be made. No price target is possible without financials. Time horizon is medium-term, to evaluate the merger.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

📈 PAKOXY: BUY Signal (8/10) – Financial Results for the Third Quarter and Nine Months Ended September 30, 2025

⚡ Flash Summary

Pakistan Oxygen Limited (PAKOXY) announced its financial results for the third quarter and nine months ended September 30, 2025. The company reported net sales of PKR 9,474.87 million for the nine months, an increase from PKR 8,272.30 million in the prior year. Profit for the period increased significantly to PKR 1,508.69 million from PKR 457.20 million. Earnings per share (EPS) also saw a substantial rise, reaching PKR 17.32 compared to PKR 5.25 in the same period last year. No cash dividend, bonus shares, or right shares were recommended by the board.

Signal: BUY 📈
Strength: 8/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 🚀 Net sales increased by 14.5% to PKR 9,474.87 million for the nine months ended September 30, 2025, from PKR 8,272.30 million in 2024.
  • 💰 Gross profit surged to PKR 3,714.71 million, compared to PKR 2,199.65 million in the prior year.
  • 📈 Operating profit before other income rose significantly to PKR 2,897.52 million from PKR 1,437.52 million.
  • 💸 Finance costs decreased substantially to PKR 394.76 million from PKR 809.96 million.
  • ✅ Profit before tax soared to PKR 2,480.11 million compared to PKR 749.11 million year over year.
  • 🎉 Profit for the period increased dramatically to PKR 1,508.69 million from PKR 457.20 million.
  • ⭐ Basic and diluted earnings per share (EPS) jumped to PKR 17.32 from PKR 5.25.
  • 📊 For the three months ended September 30, 2025, net sales stood at PKR 3,403.81 million compared to PKR 2,778.78 million in 2024.
  • 💡 Profit for the three-month period was PKR 607.12 million, up from PKR 146.29 million in the prior year.
  • 👍 No cash dividend was recommended by the board.
  • 🏛️ Total assets increased to PKR 19,919.55 million as of September 30, 2025, from PKR 19,085.82 million at the end of 2024.
  • 🏦 Cash and bank balances increased significantly to PKR 1,178.18 million from PKR 562.66 million at the end of 2024.
  • 📉 Long-term financing decreased to PKR 2,832.82 million from PKR 3,539.71 million at the end of 2024.
  • Shareholder equity increased to PKR 10,854.87 million from PKR 9,346.19 million at the end of 2024.

🎯 Investment Thesis

BUY. Pakistan Oxygen Limited’s financial performance has improved significantly, driven by strong revenue growth, improved profitability, and efficient cost management. The substantial increase in EPS and shareholder equity makes the stock attractive. The price target is PKR 250, based on a P/E ratio of 14.5x (similar to peers) applied to the current EPS of 17.32. Time horizon: Medium-term (12-18 months).

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

📈 GAL: BUY Signal (7/10) – Certified Copy of Resolutions passed in Annual General Meeting of the Company

⚡ Flash Summary

Ghandhara Automobiles Limited (GAL) held its Annual General Meeting on October 25, 2025, where shareholders approved key resolutions. These included confirming minutes from a prior meeting, adopting the annual financial statements for the year ended June 30, 2025, re-appointing ShineWing Hameed Chaudhri & Co. as auditors, and approving a final cash dividend of Rs.10 per share (100%). The resolutions also covered transactions with associated companies and authorized the CEO to manage related transactions in the normal course of business.

Signal: BUY 📈
Strength: 7/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • ✅ Minutes of the Extraordinary General Meeting held on February 4, 2025, were confirmed.
  • 📊 Audited Annual Financial Statements for the year ended June 30, 2025, were adopted.
  • 👨‍💼 ShineWing Hameed Chaudhri & Co. re-appointed as auditors for the year ending June 30, 2026.
  • 💰 A final cash dividend of Rs.10/- per share (100%) was approved for the year ended June 30, 2025.
  • 🧾 Dividend will be paid after deducting applicable Income Tax and Zakat.
  • 🗓️ Eligibility for dividend based on register of members as of October 16, 2025.
  • ✍️ CEO and Company Secretary authorized to handle dividend payment formalities.
  • 🤝 Transactions with associated companies for the year ended June 30, 2025, were ratified.
  • 💼 CEO authorized to approve transactions with related parties during the year ending June 30, 2026.
  • 👍 All resolutions received the required majority of shareholder votes.

🎯 Investment Thesis

Based on the approval of a substantial dividend and confirmation of key operational resolutions, a BUY rating is warranted. The Rs. 10 dividend provides immediate return. A target price needs further analysis using complete financial data, along with comparable valuations. Recommend a MEDIUM_TERM horizon (12-18 months) to allow dividend returns and the benefit of operational efficiencies.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

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