27% of domestic listed companies cannot even repay interest
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Profitability across industries other than semiconductors has deteriorated. In 8 years, the proportion of marginal companies increased by 15.8%, corresponding to 32.6% on KOSDAQ...
Profitability across industries other than semiconductors has deteriorated. In 8 years, the proportion of marginal companies increased by 15.8%, corresponding to 32.6% on KOSDAQ... It was found that more than one out of four domestic listed companies that double KOSPI are ‘marginal companies (aka zombie companies)’ that cannot even repay loan interest with the money they earn. The growth rate of domestic marginal enterprises was calculated to be the fastest among the world's five major countries. On the 30th, the Korea Business Association (Korea Economic Cooperation) announced that the United States, Japan,...
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