宋城演艺：上半年净利润4亿元 同比下降27.4%

Core Viewpoint - Songcheng Performance reported a decline in revenue and net profit for the first half of the year, indicating challenges in its business operations [1] Financial Performance - The company achieved operating revenue of 1.08 billion yuan, a year-on-year decrease of 8.3% [1] - Net profit attributable to shareholders was 400 million yuan, down 27.4% year-on-year [1] - Basic earnings per share were 0.1523 yuan [1] Factors Affecting Performance - The decline in performance was attributed to reduced revenue recognition from light asset output business and increased advertising expenses [1]