I think a slowdown in Original IP is expected given the current economic environment where consumers have started to tighten their budgets on certain categories. It is still higher than June 2021 level so I don't think it was disastrous. Possibly timing of releases could have something to do with the number. Overall, I think WFH will be the key driver in the medium term.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-4
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