Singapore’s Keppel Offshore & Marine division booked a pre-tax profit of SGD 357m ($268m) during the last three-month period of 2014.
It was SGD 9m more than the same spell of last year.
Quarterly revenue rose by 15% to SGD 2.38bn.
During the last year, the shipbuilder secured orders of SGD 5.5bn, bringing its total orderbook to SGD 12.5bn.
This will keep its yards busy during 2015 and 2016 with deliveries scheduled for as far as 2019.
