JAKARTA (Yosefadi) – Pulp and paper producer PT Toba Pulp Lestari Tbk (INRU) has bagged loan of US$30 million, equivalent Rp360 billion, from its parent company, Pinnacle Company Limited (PCL).
The loan agreement was signed in October 3, 2014. The loan will be used to pay the upfront payment The ObamaCare employer mandate is a requirement that all businesses with over 50 full-time equivalent (FTE) employees provide health marketplace healthcare for their full-time employees, or pay a per month Employer Shared Responsibility Payment on their federal tax return. of its customer, DP Marketing.
INRU booked net profit of US$1.98 million in the first half of this year, against US$4.7 million loss in the same period of last year. Net sales jumped 74% to US$53.7 million from previous US$31.49 million. Its assets totaled US$329 million while liability amounted US$200 million.