The offshore shipping company, which operates from the UAE, said net earnings were $13m last year, up from $0.6m in 2012.
Revenue jumped to $47m from $35.3m over the same period.
Shiprepair revenue declined, however.
CEO Wong Siew Cheong said: “We are continuing to capitalise on opportunities within the Middle East where offshore energy and production investment remains high, and continue to provide a strong demand base for our business.
"However,
