Arcsoft Corporation Limited’s Net Profit Dropped 9.6% in First Half of 2023

Arcsoft Corporation Limited (虹软科技股份有限公司) (688088.SH) reported a net profit of 49.9 million yuan in the first half of 2023, down 9.6% year-on-year.

Meanwhile, the company posted 340.2 million yuan in revenue, up 29.7% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 441.8 million yuan in total liabilities, with a liability-to-asset ratio of 14.4%.