It’s been a rough quarter for Visual China Group (VCG). First, the stock-photo provider ill-advisedly tried to copyright photos it couldn’t own — including a snap of the Chinese national flag. Predictably, that didn’t go down well.

Now, VCG has released its financial figures for the first half of 2019 — and they’re not pretty. The company’s total revenue of 402 million yuan ($57.1 million) is a 16.49% decrease year-over-year, while its net profit of 133 million yuan represents a 3.1% decrease from the equivalent period in 2018.

VCG’s dismal second quarter seems largely to blame. While revenue and net profit in the first quarter respectively rose by 5.5% and 44% year-over-year, second-quarter revenue was down by nearly 27% over the same period, and net profit plummeted 22.6%.

After scientists captured in April the first ever photos of a black hole, Shenzhen-listed VCG added the images to its stock-photo database, requiring Chinese commercial users to seek approval from VCG before using them. When the country’s netizens found out, they dug into other shots VCG was charging for use, and found an image of China’s national flag among them. The company was fined 300,000 yuan by regulators and temporarily shut down its website, which is now back up and running.

VCG said that while the April scandal had affected its operations in the short term, it helped the company optimize its business model in the long run.

Related: Shenzhen-Listed Photo Provider Back in Operation After Black Hole Blunder