SOE
Pāmu / Landcorp Farming Limited
soe · Rural Land · Dairy · Meat · FY-end 06-30
State-owned enterprise (legal name Landcorp Farming Limited) that farms Crown land on behalf of New Zealanders — dairy, livestock, and some forestry. Not listed. Integrated annual and half-year reports are public once tabled in Parliament (typically ~September for the annual, ~February for the half-year). Pāmu prefers Net Operating Profit (NOP), which strips livestock and land revaluations that swing statutory NPAT. FY-end is 30 June.
- Cadence
- Annual, Interim
- Last reported
- FY26 · 20 Aug 2026
- Next window (est.)
- Interim · late Mar 2027
Latest numbers · FY26
NOP is Pāmu’s preferred performance measure. NPAT includes biological-asset revaluations.
- Revenue
- $439m
- NPAT
- $160m
- Net operating profit
- $113m
- Dividend
- $25.0m
- Return on equity
- 9.0%
History
Reports & sources
-
FY26 · Annual
Announced 20 Aug 2026 · period ended 30 Jun 2026
NOP is Pāmu’s preferred performance measure. NPAT includes biological-asset revaluations.
Revenue $439m · Net operating profit $113m · NPAT $160m · Dividend $25.0m · Return on equity 9.0%
-
HY26 · Interim
Announced 23 Feb 2026 · period ended 31 Dec 2025
Net operating profit $26.0m · NPAT $95.0m
-
FY25 · Annual
Announced 21 Aug 2025 · period ended 30 Jun 2025
Revenue $348m · Net operating profit $49.0m · NPAT $120m · Dividend $15.0m · Return on equity 7.3%
-
FY24 · Annual
Announced 22 Aug 2024 · period ended 30 Jun 2024
Net operating profit $20.0m · NPAT −$26.0m · Return on equity -1.4%