Sharp rise in ‘zombie companies’ over the last six months, KPMG reports

By Yajush Gupta · 1 November 2023 · News

Sharp rise in ‘zombie companies’ over the last six months, KPMG reports

Zombie Companies on the Rise: What's Behind the Shocking 51% Increase?

A recent report from KPMG has sounded the alarm on a growing number of struggling ASX-listed companies. Can these 'zombie companies' be revived, or will they continue to haunt the market?

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Summary

KPMG that has found ASX-listed ‘zombie companies’ have risen 51% in the last 6 months from 84 to 127