The Singapore-listed offshore company reported an 83.3% rise in net profit to SGD 15.2m ($11.9m) for the three months to 30 June versus a SGD 8.3m gain during the same spell of last year.

Revenue for the period came in at SGD 149.5m, 27.8% higher than the SGD 117m in sales during the second quarter of 2012.

For the full financial year to 30 June the group reported a 19% rise in revenue to SGD 465.4m