The shipyard's group turnover was $4.4bn, up 12% on 2011's $3.9bn.
Quarterly profits were down 27% with $167m in Q4 2012 compared to $229m in Q4 2011.
Future prospects developed well last year as the rig builder's previous contract securing record of $5.7bn in 2008 was broken with a bumper $11bn year in 2012. Appearing in the contract books for the first time, drillship orders total $7bn, stretch to 2019 and account for 64% of the contracts secured in 2012. The $7bn order for seven drillships for Sete Brasil will be fulfilled at the group's Brazil yard which is on schedule to open in 2014. A contract for a North Sea platform worth $900m signed in 2013 brings the company's current net order book to $13.6bn, a number that is expected to continue growing.
Rigbuilding accounted for 53% of Sembcorp's earnings in 2012, turning over $2.3bn, ship conversion and offshore made up 32%, adding a further $1.4bn and ship repair contributed $642m, 14% of the company's turnover.
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