SINGAPORE (Jan 30): Procurri Corporation, the IT services and hardware equipment provider, expects to report a net loss for 4Q17 and FY17, according to its preliminary assessment of the unaudited financial results.

This is mainly due to foreign exchange differences and write-offs arising from the group’s prudent approach towards stock obsolescence and bad debts.

The group will disclose further details when it releases its unaudited financial results before Feb 28.

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