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Iwi Shareholders To Receive Dividend Despite Impacted Year

Thursday, 24 December 2020, 10:32 am
All 58 Iwi to receive share of $8.8 million dividend as
financial results finalised
New Zealand’s largest
Māori-owned kaimoana and kai ora company and second largest
seafood company by value and volume, Moana New Zealand, has
reported a net profit after tax of $20.3 million for the
2020 financial year.
Owned by all Māori across the
motu, Moana New Zealand returns a minimum of forty percent
of profit to its Iwi shareholders for the benefit of their
local communities, social programmes and other commercial
interests. The dividend was paid last week.
Overall,
Moana New Zealand’s $8.5 million operating earnings before ....

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Iwi shareholders to receive dividend despite impacted year - Moana NZ

Iwi shareholders to receive dividend despite impacted year - Moana NZ
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