Pāmu FY26 Report: Profit More Than Doubles to $113m
Pāmu has released its FY26 Integrated Annual Report, reporting a Net Operating Profit of $113 million, more than double the $49 million recorded in FY25.
Apparently, Minister for State-Owned Enterprises David Clark joined a number of the poorly-performing government farmer's executives on a weekend visit to Molesworth Station.
While Landcorp's overpaid spin doctors claimed it was a "great opportunity to have conversations about how to open up more of the Reserve to the public whilst still maintaining a thriving farming operation..."
However, the Hound's mate reckons having the most useless and ineffective minister in the current government (remember when the former Health Minister was off riding his mountain bike when Covid hit our shores back in 2020) visiting one of the most useless and ineffective government departments says it all. Touché!
