3QFY21 boosted by toll compensation

■ 9MFY21 results were above expectations; core net profit surged 50% yoy.
■ The outperformance came from the RM43.5m highway toll compensation, offsetting the negative impact of the peak lockdown period in 3Q21.
■ Retain Add with a higher TP; 8% dividend yield is the stock’s key appeal.