Meitu will accrue more than 300 million yuan in cryptocurrency impairment in the first half of 2022

Meitu released its unaudited semi-annual report for 2022. The report shows that Meitu achieved operating income of 972 million yuan in the first half of the year, a year-on-year increase of 20.5%, and a net loss of 266 million yuan, a year-on-year increase of 106%. Among them, the provision for cryptocurrency impairment 305 million yuan, an increase of 172% year-on-year.