General Electric has reported a 16% rise in first quarter profits, helped by a one-off gain from the sale of its stake in NBC Universal.
It made a profit of $3.53bn (£2.3bn) in the quarter, up from $3.03bn last year. Revenue was flat at $35bn.
The conglomerate has been trying to put its focus back on core industrial businesses, which include aviation and energy infrastructure.
It said orders for its aviation equipment jumped 47%.
Orders for oil and gas equipment and services, such as turbines and plant maintenance, rose 24%, said GE chairman and chief executive Jeff Immelt.
In the first three months of 2013 GE was awarded a $620m maintenance contract for QGC's Queensland Curtis liquified natural gas plant off the east coast of Australia.
It also won a contract to provide power equipment for the Emirates Aluminum smelter complex in Abu Dhabi, and another maintenance contract for a LNG project in Russia.
But the company said it had been affected by weaker-than-expected sales in Europe, especially in sales of power and water equipment.
During the quarter, the company sold its 49% stake in NBC Universal to Comcast for $18.1bn.
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