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Dolat Capital: SML Isuzu Delivers Another Challenging Quarter, Multiple Challenges Ahead

Electric buses and rising competition are key threats to SML Isuzu.

Cabins for Isuzu NPR N-Series trucks stand on the assembly line inside the Isuzu East Africa Ltd. plant in Nairobi, Kenya (Photographer Luis Tato/Bloomberg)
Cabins for Isuzu NPR N-Series trucks stand on the assembly line inside the Isuzu East Africa Ltd. plant in Nairobi, Kenya (Photographer Luis Tato/Bloomberg)
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