The company booked a net profit of $42 million for the year compared to a loss of $81 million last year, as revenues climbed to $875.56 million in 2014 from $666.12 million in 2013.
In the fourth quarter net earnings fell to $12.62 million from $30.31 million in the year-ago period.
Vantage Drilling took charges on early retirement of debt of around $60.6