Pāmu, formerly Landcorp, recently 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 turnaround compared to last year, when the company posted a loss of $26 million.

The Country's Jamie Mackay explained further.

LISTEN ABOVE

Pāmu, formerly Landcorp, recently 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 turnaround compared to last year, when the company posted a loss of $26 million.
The Country's Jamie Mackay explained further.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Jamie Mackay: The Country host on Pāmu Farms' economic turnaround

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b92625c3-b351-4e5e-aadc-b34700825eab/transcript