The results will see the centre, which is owned by the Government, pay a £4.5m dividend to the state.
QEIICC chief executive Ernest Vincent said the results were pleasing, and that despite the venue will be sold by the Government, it is still investing in it.
"The Centre will continue to invest in a state of the art digital signage system. New energy lighting will be installed in the main conference hall, new computer programmes will be installed to better regulate the heating and cooling systems, and the main registration foyer will be redesigned to provide clients and delegates with a new welcoming experience," said Vincent.
"Whilst the Government has indicated that it will, in time sell its interests in the Centre, the business of operating The QEIICC as a going concern is very much a priority. More work needs to be done to consider how to realise maximum benefits for the British taxpayer and the Westminster community from what is a premiere location right in the heart of London."
The QEIICC hosted 384 meetings and events during the year, with room hire posting a sales increase of 8.7%.
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