Procurri Corporation Limited provided earnings guidance for the second quarter and first half year ended 30 June 2017. The Group expects to report a net loss for second quarter and first half year of 2017 as compared to the previous year's corresponding periods. The net loss expected to be incurred is contributed by a change in accounting practices for the Group's maintenance businesses in the Americas. As previously disclosed in the Group's announcement dated 12 May 2017 for its unaudited financial statements for the first quarter ended 31 March 2017, the Group has adopted a linear recognition of the maintenance service contracts across their respective stipulated contract durations, as opposed to the previous upfront revenue recognition applied for the financial year ended 31 December 2016. This has resulted in deferred revenue recognition for the maintenance service order book in the Americas and accordingly, lower revenue despite the Group building up a stronger orderbook as at 30 June 2017 compared to a year ago.