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Pāmu Farms reporting significant turnaround in profit

Author
Newstalk ZB,
Publish Date
Thu, 28 Aug 2025, 7:13pm
Photo / NZ Herald
Photo / NZ Herald

Pāmu Farms reporting significant turnaround in profit

Author
Newstalk ZB,
Publish Date
Thu, 28 Aug 2025, 7:13pm

Pāmu, formerly Landcorp, is seeing a significant financial turnaround, having reported a net profit after tax of $120 million for the year ended June 2025, which will see it return a $15 million dividend.

It's a significant turn compared to last year's results, where the company posted a loss of $26 million.

Chief executive Mark Leslie says he's 'thrilled' to be reporting these results.

"It's great to post the result - but equally, I'm thrilled for all our people as well because there's a lot of people right through the organisation who work hard every day."

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