Thunder released the unaudited financial report for the second quarter, referring to the blockchain related progress and outlook

On August 14, Thunder Group announced its unaudited financial report for the second quarter ended June 30, 2019: total revenue was $47.8 million, an increase of 15.7% from the previous quarter. The net loss for the second quarter was $2 million, and the net loss for the previous quarter was $8.6 million. Other Internet value-added services, mainly cloud computing, generated revenue of US$22.5 million in the quarter, up 40.6% from the previous quarter. The financial report mentioned the recent development, release ThunderChain's WebAssembly virtual machine module source code, with protocols and documentation, supply developers to develop large-scale practical blockchain applications; establish a joint lab of blockchain technology with Hong Kong University of Science and Technology; win Thai academics The agency's blockchain project builds blockchain infrastructure for its affiliated healthcare systems. Chen Lei, CEO of Thunder, said that due to the growth of cloud computing and other Internet value-added services revenue, the second quarter exceeded the performance guidance limit. He has accumulated extensive experience in blockchain in academic and industrial practice and applied for more blockchain patents based on the recent blockchain program.