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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