Conrad Industries reports on first quarter and backlogWritten by Nick Blenkey
MAY 16, 2012: Morgan City, La., headquartered Conrad Industries, Inc.(OTC Pink: CNRD.PK) reported first quarter 2012 results that saw it achieve net income of $3.2 million and earnings per diluted share of $0.52 compared to net income of $3.7 million and earnings per diluted share of$0.58 during the first quarter of 2011.
Conrad’s backlog was $70.8 million at March 31, 2012 compared to $47.1 million at December 31, 2011 and $112.3 million at March 31, 2011.
Conrad Industries, Inc., both repair and new construction services at its four shipyards located in southern Louisiana and Texas.
Categories: Shipyard News
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