Pāmu announces half-year results to 31 December 2023
Pāmu Farms of New Zealand (Landcorp Farming Limited) produced a Net Operating Profit (NOP), of $3 million for the half-year to 31 December 2023 compared to $15 million in the comparable half-year.
Chief Executive Mark Leslie said: “Challenges posed by a sharp reversal in global dairy prices, plummeting lamb prices, and adverse weather events have impacted our profitability.”
Date: 19-Feb-2024
Pāmu full-year results for the year ended 30 June 2023
Landcorp Farming Limited, trading as Pāmu, has reported a Net Operating Profit* of $33 million for the year ended 30 June 2023.
Date: 31-Aug-2023
Pāmu updates profit forecast due to adverse events and lower milk prices
State-owned enterprise Pāmu, also known as Landcorp Farming Limited has updated its Net Operating Profit full-year forecast due to Cyclone Gabrielle impacts on 24 of its farms and softer milk prices.
Date: 22-Mar-2023