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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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."
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

Mark Leslie: Pamū Landcorp CEO on the company's turnaround in profit

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b7e6a975-bb2b-4ec3-ac3f-b34700772576/transcript