Arcsoft Corporation Limited’s Net Profit Dropped 34.9% in First Half of 2022

Arcsoft Corporation Limited (虹软科技股份有限公司) (688088.SH) reported a net profit of 55.1 million yuan in the first half of 2022, down 34.9% year-on-year.

Meanwhile, the company posted 262.2 million yuan in revenue, down 12.8% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 359.9 million yuan in total liabilities, with a liability-to-asset ratio of 12.5%.