Shares in Hanjin Heavy Industries & Construction have fallen 10% after they resumed trading for the first time since February.
The Korean company's stock was suspended due to capital erosion following a filing for court-led rehabilitation by its Philippines yard.
The company was later taken over by its lender banks in a debt swap.
The Yonhap news agency said that its loss grew to KRW 1.32 trillion ($1.15bn) last year, from KRW 278bn a year earlier as its Philippines affiliate fell into financial difficulty.
Hanjin Heavy has said it aims to normalise its business with new projects.
It is selling off property and a logistics centre.
The report said the yard has secured 23 orders for specialised ships worth KRW 1.6 trillion, but gave no further details.
The stock closed down 10.25% at KRW 8,930 in Seoul on Tuesday.
