Financial Performance - Revenue for the six months ended March 31, 2025, was HKD 409,306,000, representing a 23.1% increase from HKD 332,498,000 in the same period of 2024[2] - Gross profit for the same period was HKD 153,394,000, up 22.8% from HKD 124,918,000 year-on-year[2] - Operating profit increased to HKD 70,784,000, a 38.1% rise compared to HKD 51,274,000 in the previous year[2] - Profit attributable to owners of the company was HKD 56,609,000, reflecting a 38.2% increase from HKD 40,991,000 in the prior period[2] - Basic earnings per share rose to HKD 0.1005, compared to HKD 0.0728 for the same period last year[2] - The company declared an interim dividend of HKD 5.1 cents per share for the six months ended March 31, 2025, compared to HKD 3.6 cents per share in 2024, totaling approximately HKD 28,731,000[34] Assets and Liabilities - Total assets as of March 31, 2025, were HKD 604,590,000, an increase from HKD 594,297,000 as of September 30, 2024[5] - Current assets totaled HKD 635,682,000, slightly down from HKD 643,072,000 in the previous period[5] - The company reported a net asset value of HKD 591,167,000, up from HKD 583,563,000 as of September 30, 2024[5] - As of March 31, 2025, the company held interest-bearing bank borrowings of HKD 31,000,000, a decrease from HKD 39,000,000 as of September 30, 2024[38] - The group had interest-bearing bank borrowings of HKD 31,000,000 as of March 31, 2025, down from HKD 39,000,000 as of September 30, 2024, and lease liabilities of approximately HKD 7,977,000, up from HKD 4,471,000[41] - The group's debt-to-equity ratio was approximately 6.6% as of March 31, 2025, compared to 7.4% as of September 30, 2024[41] - The current ratio was approximately 2.8 as of March 31, 2025, slightly down from 2.9 as of September 30, 2024[41] Taxation - The group reported a total tax provision of HKD 15,296,000 for the six months ended March 31, 2025, compared to HKD 8,788,000 in 2024, marking an increase of approximately 74.5%[14] - The group’s effective tax rate for subsidiaries in China is 25%, while a subsidiary recognized as a high-tech enterprise enjoys a reduced rate of 15%[15] - The group has not generated any income in Hong Kong for the periods ended March 31, 2025, and 2024, resulting in no provision for Hong Kong profits tax[18] Inventory and Receivables - The provision for trade receivables and other receivables was HKD 3,000,000 for the six months ended March 31, 2025, down from HKD 5,000,000 in 2024, indicating a decrease of 40%[19] - Inventory provision for the six months ended March 31, 2025, was HKD 7,695,000, slightly lower than HKD 7,786,000 for the same period in 2024, reflecting a decrease of about 1.2%[19] - Trade receivables aged 0 to 90 days were HKD 154,793,000 as of March 31, 2025, down from HKD 186,455,000 in 2024[25] Operational Focus and Strategy - The company continues to focus on the manufacturing and sales of adhesives and related products for shoe factories, with no significant changes in accounting policies reported[6][7] - The group has one operating segment focused on manufacturing and selling adhesives and related products for shoe factories, with performance evaluated on a consolidated basis[11] - The company is currently constructing a new manufacturing facility in Indonesia, which is expected to enhance cost competitiveness and service delivery once completed[34] - The company plans to continue investing in R&D to develop high-quality products that meet market demands, collaborating with international chemical companies and industry experts[36] - The company anticipates stable sales growth in the medium to long term due to increasing global demand for footwear and stricter quality requirements for adhesives[37] - The company will closely monitor its working capital management and adjust its business strategies as necessary in response to market developments and uncertainties[37] Other Comprehensive Income - Other comprehensive income for the period was a loss of HKD 18,584,000, compared to a gain of HKD 303,000 in the same period last year[4] Employee Expenses - Employee benefit expenses, including directors' remuneration, amounted to approximately HKD 61,208,000 for the six months ended March 31, 2025, compared to HKD 48,220,000 for the same period in 2024[47] Capital Commitments and Investments - The group had capital commitments of approximately HKD 35,950,000 for the acquisition of properties, machinery, and equipment as of March 31, 2025, down from HKD 51,347,000 as of September 30, 2024[44] - There were no significant investments, acquisitions, or disposals during the six months ended March 31, 2025[43] - The group did not adopt any share option schemes since July 22, 2020[48] Depreciation and Deferred Tax - Depreciation for property, plant, and equipment was HKD 5,630,000 for the six months ended March 31, 2025, compared to HKD 5,804,000 in 2024, showing a decrease of about 3%[19] - Deferred tax for the six months ended March 31, 2025, was HKD 311,000, down from HKD 1,470,000 in 2024, indicating a decrease of approximately 78.8%[14]

星謙發展控股有限公 司 Infinity Development Holdings Company Limited 640 於開曼群島註冊成立之有限公司 股份代號 : 年報 2024 目錄 | | 頁次 | | --- | --- | | 公司資料 | 2 | | 主席報告 | 3 | | 管理層討論及分析 | 4 | | 企業管治報告 | 8 | | 環境、社會及管治報告 | 21 | | 董事及高級管理層履歷 | 46 | | 董事會報告 | 49 | | 獨立核數師報告 | 56 | | 綜合損益表 | 61 | | 綜合損益及其他全面收益表 | 62 | | 綜合財務狀況表 | 63 | | 綜合權益變動表 | 65 | | 綜合現金流量表 | 66 | | 綜合財務報表附註 | 68 | | 其他資料 | 124 | 附註： 本年報分為英文及中文版本。如有任何差異，概以英文版本為準。 二零二四年年報 001 目錄 公司資料 董事 執行董事 楊淵先生 （主席兼行政總裁） 葉展榮先生 葉嘉倫先生 Stephen Graham Prince先生 獨立非執行董事 陳永祐先生 陸東全先生 湯慶華先生 李倩敏女 ...

Financial Performance - For the fiscal year ending September 30, 2024, the company reported total revenue of HKD 736,338,000, an increase of 9.6% from HKD 671,750,000 in the previous year[1] - Gross profit for the same period was HKD 277,440,000, up 32.7% from HKD 209,106,000 year-on-year[1] - Operating profit increased to HKD 123,672,000, representing a growth of 51.7% compared to HKD 81,497,000 in the prior year[1] - The net profit attributable to the company's owners for the year was HKD 100,411,000, a significant rise of 49.8% from HKD 67,054,000 in the previous year[1] - Basic earnings per share increased to HKD 17.82, up from HKD 11.90, reflecting a growth of 49.0%[1] - Total comprehensive income attributable to the company's owners was HKD 113,521,000, compared to HKD 63,883,000 in the previous year, marking an increase of 77.8%[3] - The company's profit attributable to owners for the year ended September 30, 2024, was HKD 100,411,000, compared to HKD 67,054,000 for the year ended September 30, 2023, representing a significant increase[33] - Profit attributable to the owners of the company was approximately HKD 100,411,000, marking an increase of about 49.7% from HKD 67,054,000[48] Assets and Liabilities - Non-current assets totaled HKD 176,357,000, an increase from HKD 144,801,000 in the previous year[5] - Current assets increased to HKD 643,072,000 from HKD 600,194,000, reflecting a growth of 7.1%[5] - The company's total assets less current liabilities amounted to HKD 594,297,000, up from HKD 520,792,000, indicating a growth of 14.1%[5] - The company's equity totalled HKD 583,563,000, an increase from HKD 513,420,000, representing a growth of 13.6%[5] - Trade receivables increased to HKD 221,094,000 as of September 30, 2024, from HKD 168,950,000 as of September 30, 2023, indicating a growth in sales[36] - The company's trade receivables, notes receivable, and other receivables net amount totaled HKD 218,323,000 as of September 30, 2024, up from HKD 178,098,000 as of September 30, 2023, indicating a positive trend in receivables management[36] - Trade payables increased to HKD 55,542,000 in 2024 from HKD 36,555,000 in 2023[38] Taxation and Expenses - The total income tax expense for 2024 was HKD 21,405,000, compared to HKD 13,994,000 in 2023, marking an increase of about 53.0%[23] - The company did not make any provisions for corporate income tax in various jurisdictions, including Singapore and Taiwan, due to the absence of taxable profits for the year ended September 30, 2024[27][28] - The company's corporate income tax rate in China remains at 25% for the year ended September 30, 2024, with a preferential rate of 15% applicable to its subsidiary Zhuhai Zetao, which was recognized as a high-tech enterprise[24] - Administrative expenses rose to approximately HKD 103,667,000, an increase of about 19.0% from HKD 87,143,000, primarily due to higher employee costs[46][47] - The total R&D expenses for the year ended September 30, 2024, were HKD 3,404,000, slightly down from HKD 3,438,000 for the previous year, reflecting ongoing investment in innovation[29] - Employee benefit expenses, including directors' remuneration, amounted to approximately HKD 109,735,000 for the year ended September 30, 2024, up from HKD 92,367,000 for the year ended September 30, 2023[66] Dividends and Shareholder Returns - The company declared an interim dividend of HKD 3.6 cents per share for the year ended September 30, 2024, compared to HKD 2.4 cents per share for the year ended September 30, 2023[32] - The company proposed a final dividend of HKD 0.054 per share for the year ended September 30, 2024, compared to HKD 0.033 per share for the previous year, resulting in a total dividend of HKD 0.090 per share[70] Investments and Future Plans - The group is currently constructing a new manufacturing facility on industrial land acquired in Indonesia, aiming to enhance cost competitiveness and service delivery[50] - The group plans to continue investing in R&D to develop high-quality, environmentally friendly products in collaboration with international chemical companies[52] - As of September 30, 2024, the company had capital commitments of approximately HKD 51,347,000 for the acquisition of properties, machinery, and equipment, significantly up from HKD 11,262,000 as of September 30, 2023[62] - The company entered into an agreement to purchase machinery and production equipment for a new manufacturing facility in Indonesia for USD 4,250,000 (approximately HKD 33,150,000) post-reporting period[64] Compliance and Governance - The group adopted the revised Hong Kong Accounting Standard No. 1 and the revised Hong Kong Financial Reporting Standard No. 2 for the first time this year, impacting the disclosure of accounting policies in the consolidated financial statements[11] - The group has not early adopted new standards that will take effect on January 1, 2024, which may impact future financial reporting[13] - The revised Hong Kong Financial Reporting Standard No. 18 will require entities to categorize all income and expenses into five categories starting from 2027[15] - The group is currently assessing the impact of new standards on the structure of its income statement and cash flow statement[16] - The independent auditor confirmed that the financial statements for the year ending September 30, 2024, are consistent with the audited consolidated financial statements[78] General Information - The group operates in a single reportable segment focused on manufacturing and selling adhesive products for shoe factories[17] - The annual general meeting for the fiscal year ending September 30, 2024, is scheduled to be held on a date determined by the board of directors[77] - The annual performance announcement and annual report will be published on the Hong Kong Stock Exchange and the company's website at an appropriate time[79] - The company expresses gratitude to customers, suppliers, business partners, and shareholders for their support over the past year[80] - The board of directors includes four executive directors and four independent non-executive directors as of the announcement date[81]

Financial Performance - The revenue for the six months ended March 31, 2024, was approximately HK$332,498,000, compared to approximately HK$358,656,000 for the same period in 2023, indicating stability[12]. - Gross profit increased by approximately 17.9%, reaching approximately HK$124,918,000 for the six months ended March 31, 2024, up from approximately HK$105,965,000 in 2023[12]. - Other income rose by approximately 75.4%, totaling approximately HK$6,087,000 for the six months ended March 31, 2024, compared to approximately HK$3,471,000 in 2023[12]. - Profit attributable to owners of the Company for the six months ended March 31, 2024, was approximately HK$40,991,000, representing an increase of approximately 48.8% from approximately HK$27,539,000 in 2023[14]. - Profit for the period increased to HK$40,991,000, representing a 48.5% increase compared to HK$27,539,000 in the same period last year[79]. - Total comprehensive income for the period attributable to owners of the Company was HK$41,294,000, up from HK$30,493,000, reflecting a 35.5% increase[80]. - Profit from operations rose to HK$51,274,000, representing a 47.4% increase from HK$34,750,000 in 2023[94]. - Basic earnings per share increased to HK7.28 cents, up from HK4.89 cents in the previous year, reflecting a growth of 48.9%[94]. Cost Management - Selling and distribution costs decreased by approximately 13.7%, amounting to approximately HK$22,622,000 for the six months ended March 31, 2024, down from approximately HK$26,225,000 in 2023[12]. - Administrative expenses remained stable at approximately HK$53,005,000 for the six months ended March 31, 2024, compared to approximately HK$49,936,000 in 2023[12]. - Employee benefits expense for the six months ended March 31, 2024, amounted to approximately HK$48,220,000, slightly down from approximately HK$48,613,000 for the same period in 2023[24]. - The Group is committed to strengthening operational cost control in response to high inflation and decreased purchasing power in the market[15]. Financial Position - As of March 31, 2024, the Group had interest-bearing bank borrowings of HK$62,000,000, down from HK$85,000,000 as of September 30, 2023[21]. - The Group's gearing ratio as of March 31, 2024, was approximately 12.1%, a decrease from approximately 17.4% as of September 30, 2023[21]. - The current ratio of the Group improved to approximately 2.9 as of March 31, 2024, compared to approximately 2.7 as of September 30, 2023[21]. - Total liabilities increased to HK$539,605,000 from HK$520,792,000, reflecting a growth of 3.6%[83]. - Total current assets as of March 31, 2024, were HK$603,856,000, slightly up from HK$600,194,000 in 2023[99]. - Total equity as of March 31, 2024, was HK$531,617,000, up from HK$513,420,000 in 2023, reflecting a growth of 3.2%[102]. Investments and Commitments - The Group plans to invest in and develop its OEM business proactively to broaden its revenue base[19]. - As of 31 March 2024, the Group had capital commitments of approximately HK$3,041,000, a decrease from approximately HK$11,262,000 as of 30 September 2023[30]. - A construction works contract was entered into for a manufacturing plant in Indonesia, with a fixed consideration of Rp117,766,000,000 (approximately HK$57,085,000)[30]. Dividends - The Board declared an interim dividend of HK3.6 cents per ordinary share for the six months ended 31 March 2024, an increase from HK2.4 cents for the same period last year[27]. - The final dividend for the year ended 30 September 2023 was approved and paid at HK3.3 cents per ordinary share, down from HK4.3 cents for the previous year[152]. - An interim dividend of HK3.6 cents per ordinary share was declared for the six months ended 31 March 2024, totaling approximately HK$20,281,000, compared to HK$13,520,000 for the same period in 2023[175]. Operational Overview - The Group operates three manufacturing plants located in China, Vietnam, and Indonesia, with a new plant under construction in Indonesia to enhance cost competitiveness and service capabilities[15]. - The Group operates in a single segment focused on manufacturing and selling adhesives, primers, hardeners, and vulcanized shoes adhesive products for footwear manufacturers[121]. - The Group's financial statements are prepared in accordance with Hong Kong Accounting Standard 34, ensuring compliance with local regulations[110]. Taxation - The Group's provision for the PRC Enterprise Income Tax for the period was HK$190,000, with Macau Complementary Tax at HK$6,096,000[147]. - The Group's overall tax provision reflects a significant increase in tax expenses compared to the previous period, indicating a potential impact on net profit[165]. Corporate Governance - The Company complied with the Corporate Governance Code provisions for the six months ended 31 March 2024[27]. - All Directors confirmed compliance with the Model Code for Securities Transactions throughout the reporting period[27]. - The audit committee, consisting of four independent non-executive Directors, has reviewed the condensed consolidated financial statements for the six months ended March 31, 2024[62].

Financial Performance - For the six months ended March 31, 2024, the company reported revenue of HKD 332,498,000, a decrease of 7.3% compared to HKD 358,656,000 for the same period in 2023[2] - Gross profit for the same period increased to HKD 124,918,000, up 17.9% from HKD 105,965,000 year-on-year[2] - Operating profit rose to HKD 51,274,000, representing a significant increase of 47.4% compared to HKD 34,750,000 in the previous year[2] - Net profit attributable to shareholders for the period was HKD 40,991,000, an increase of 48.9% from HKD 27,539,000 in the prior year[2] - Basic earnings per share increased to HKD 0.0728, up from HKD 0.0489, reflecting a growth of 48.9%[2] - The group reported a profit of HKD 40,991,000 for the six months ended March 31, 2024, compared to HKD 27,539,000 for the same period in 2023, representing a significant increase of 48.8%[19] - The basic earnings per share for the six months ended March 31, 2024, was HKD 0.0728, up from HKD 0.0489 in the same period of 2023[19] - Other income rose by approximately 75.4%, totaling about HKD 6,087,000 for the six months ended March 31, 2024, compared to HKD 3,471,000 in 2023, primarily driven by increased interest income[27] Assets and Liabilities - Total assets as of March 31, 2024, amounted to HKD 1,175,461,000, compared to HKD 1,171,995,000 as of September 30, 2023[6] - Current assets increased to HKD 603,856,000 from HKD 600,194,000, indicating a slight growth of 0.4%[6] - The company’s cash and cash equivalents stood at HKD 358,505,000, up from HKD 346,392,000, reflecting an increase of 3.4%[6] - The company has maintained a stable non-current asset base, with total non-current assets at HKD 145,854,000, slightly up from HKD 144,801,000[6] - As of March 31, 2024, the group's interest-bearing bank borrowings were HKD 62,000,000, down from HKD 85,000,000 as of September 30, 2023[37] - The group's debt-to-equity ratio was approximately 12.1% as of March 31, 2024, compared to 17.4% as of September 30, 2023, indicating improved financial stability[39] Dividends and Taxation - The group declared an interim dividend of HKD 0.036 per share for the six months ended March 31, 2024, compared to HKD 0.024 per share for the same period in 2023, reflecting a 50% increase[17] - The total tax expense for the six months ended March 31, 2024, was HKD 9,678,000, an increase of 49.1% from HKD 6,493,000 in the same period of 2023[12] - The group did not generate any income in Hong Kong for the six months ended March 31, 2024, and therefore did not make any provision for Hong Kong profits tax[16] - The group’s subsidiary in China, Zhuhai Zetao, enjoys a preferential corporate income tax rate of 15% for the six months ended March 31, 2024[13] - The group’s subsidiary in Indonesia is subject to a corporate income tax rate of 22% for the six months ended March 31, 2024[15] Operational Focus and Strategy - The company continues to focus on the manufacturing and sales of adhesives and related products for the footwear industry, with no new product launches or acquisitions reported during this period[7] - The group is actively constructing a new manufacturing facility on industrial land acquired in Indonesia to enhance cost competitiveness and service delivery[32] - The group plans to continue monitoring and controlling operational costs in response to market inflation and declining purchasing power[33] - The company is committed to R&D, focusing on environmentally friendly products and collaborating with international chemical firms to develop new products[34] - The group anticipates stable sales growth in the medium to long term due to increasing global demand for footwear and stricter quality requirements for adhesives[36] Employment and Commitments - The group employed a total of 405 employees as of March 31, 2024, with employee benefit expenses amounting to approximately HKD 48,220,000 for the six months ending March 31, 2024[46] - As of March 31, 2024, the group has capital commitments of approximately HKD 3,041,000 for the acquisition of properties, machinery, and equipment[42] Compliance and Governance - The group has maintained compliance with the corporate governance code as of March 31, 2024[54] - The group has no significant investments, acquisitions, or disposals during the six months ending March 31, 2024[41] - There are no significant contingent liabilities as of March 31, 2024[43] - The group has not adopted any share option schemes since July 22, 2020[47] - The group has no purchases, sales, or redemptions of its listed securities during the six months ending March 31, 2024[56] - The group has no major events occurring after the reporting period, aside from the disclosed construction contract[44] - The construction contract for the manufacturing plant in Indonesia is fixed at IDR 117,766,000,000 (approximately HKD 57,085,000), excluding VAT[44]

星謙發展控股有限公 司 Infinity Development Holdings Company Limited 640 於開曼群島註冊成立之有限公司 股份代號 : 年報 2023 目錄 | | 頁次 | | --- | --- | | 公司資料 | 2 | | 主席報告 | 3 | | 管理層討論及分析 | 4 | | 企業管治報告 | 8 | | 環境、社會及管治報告 | 21 | | 董事及高級管理層履歷 | 44 | | 董事會報告 | 46 | | 獨立核數師報告 | 53 | | 綜合損益表 | 58 | | 綜合損益及其他全面收益表 | 59 | | 綜合財務狀況表 | 60 | | 綜合權益變動表 | 62 | | 綜合現金流量表 | 63 | | 綜合財務報表附註 | 65 | | 其他資料 | 120 | 附註： 本年報分為英文及中文版本。如有任何差異，概以英文版本為準。 二零二三年年報 001 目錄 公司資料 董事 執行董事 楊淵先生 （主席兼行政總裁） 葉展榮先生 葉嘉倫先生 Stephen Graham Prince先生 陸東全先生 （主席） 陳永祐先生 湯慶華先生 葉嘉倫先生 薪 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何 部分內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 INFINITY DEVELOPMENT HOLDINGS COMPANY LIMITED 星 謙 發 展 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：640） 截至二零二三年九月三十日止年度之年度業績公佈 星謙發展控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然公佈本公司 及其附屬公司（統稱「本集團」）截至二零二三年九月三十日止年度之經審核綜合 業績，連同截至二零二二年九月三十日止年度同期之比較數字如下： 綜合損益表 截至二零二三年九月三十日止年度 二零二三年 二零二二年 附註 千港元 千港元 收益 4 671,750 862,101 銷售成本 (462,644) (638,921) 毛利 209,106 223,180 其他收入 8,568 4,529 出售分類為持作出售之資產所得收益 840 32,692 投資物業公平值變動 – (600) 其他收益及虧損淨額 ...

香港財務報告準則第15號範圍內 來自客戶合約的收益 5. REVENUE AND SEGMENT INFORMATION 5. 收益及分部資料 | --- | --- | --- | --- | |-------|-------|-----------------------------------------------------------|--------------| | | | Six months ended 31 March 截至三月三十一日止六個月 \n2023 | 2022 | | | | 二零二三年 | 二零二二年 | | | | HK$'000 | HK$'000 | | | | 千港元 | 千港元 | | | | (Unaudited) | (Unaudited) | | | | （未經審核） | （未經審核） | 按地理區域劃分之本集團非流動資產 （按公平值計入其他全面收益之金融 資產除外）分析如下： 358,656 377,603 經營分部資料（ 續） 於下列地理區域，本集團在某個時間 點從轉讓貨品中取得收益： 6. INCOME TAX EXPENSE 所得稅（「新加坡公司所得 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何 部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 INFINITY DEVELOPMENT HOLDINGS COMPANY LIMITED 星 謙 發 展 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：640） 截至二零二三年三月三十一日止六個月之 中期業績公佈 星謙發展控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然公佈本公司 及其附屬公司（統稱「本集團」）截至二零二三年三月三十一日止六個月之未經審 核簡明綜合中期業績，連同截至二零二二年三月三十一日止六個月同期之比較數 字如下： 簡明綜合損益表 截至二零二三年三月三十一日止六個月 截至三月三十一日止六個月 二零二三年 二零二二年 附註 千港元 千港元 （未經審核） （未經審核） 收益 4 358,656 377,603 銷售成本 (252,691) (286,814) 毛利 105,965 90,789 其他收入 3,471 1,611 出售分類為持作出售之資產 ...

| --- | --- | --- | --- | |-------------------------------------------------|----------------------------------------------------------------|---------------------|-------------------| | Types of Waste \n廢棄物類別 | Unit \n單位 | 2022 \n二零二二年 | 2021 \n二零二一年 | | Total Hazardous Waste10 | tonnes | 131 | 60 | | 有害廢棄物總量 10 | 公噸 | | | | Hazardous Waste Intensity 有害廢棄物密度 | tonnes/tonnes of adhesives produced11 公噸╱膠黏劑生產噸數 11 | 0.0041 | 0.0023 | | Total Non-Hazardous Waste12 無害廢棄物總量 12 | tonnes 公噸 | 20 | 267 | | Non-Haza ...