Arashi Vision (SHA:688775), doing business as Insta360, posted first-half attributable net profit of 30.4 million yuan, down 94.2% from 519.8 million yuan the previous year.
Earnings per share fell to 0.08 yuan from 1.43 yuan a year earlier, according to a Friday filing with the Shanghai bourse.
Operating revenue jumped 50.3% year over year to 5.52 billion yuan from 3.67 billion yuan.
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