Morgan City, Louisiana (November 14, 2019) – Conrad Industries, Inc. (OTC Pink: CNRD) announced today its third quarter and nine months 2019 financial results and backlog at September 30, 2019. For the quarter ended September 30, 2019, Conrad had net income of $983,000 and earnings per diluted share of $0.20 compared to net loss [...]
Morgan City, LA: Conrad Shipyard of Morgan City has started production on a second 6000HP Inland Towboat designed by MiNO Marine of New Orleans. The Subchapter M- compliant vessel measures 166’ x 49’ x 12’ and is powered by Tier IV compliant engines. Conrad has orders from two customers for the vessels. Conrad worked [...]
Morgan City, Louisiana (August 15, 2019) – Conrad Industries, Inc. (OTC Pink: CNRD) announced today its second quarter and six months 2019 financial results and backlog at June 30, 2019. For the quarter ended June 30, 2019, Conrad had net loss of $2.2 million and loss per diluted share of $0.44 compared to net [...]
Morgan City, LA: Conrad Shipyard christened the oceangoing tug Kāpena Bob Purdy for Young Brothers Ltd, of Honolulu, Hawaii, a subsidiary of Foss Maritime Company. The ceremony was held at Conrad Amelia in Amelia, Louisiana on May 4. Gary Lipely, Conrad Director of Sales and Marketing serving as master of ceremonies, introduced Joseph Boivin [...]
Morgan City, Louisiana (May 15, 2019) – Conrad Industries, Inc. (OTC Pink: CNRD) announced today its first quarter 2019 results. For the quarter ended March 31, 2019, Conrad had a net loss of $307,000 and loss per diluted share of $0.06 compared to net income of $586,000 and earnings per diluted share of $0.12 [...]
Morgan City, Louisiana (March 28, 2019) – Conrad Industries, Inc. (OTC Pink: CNRD) today announced its 2018 results and backlog. The Company had net income of $198,000 and earnings per diluted share of $0.04 for the twelve months ended December 31, 2018 compared to net loss of $2.1 million and loss per diluted share of [...]
Morgan City, LA: Conrad Shipyard has delivered the Articulated Tug Barge unit, tug Wachapreague and barge DOUBLE SKIN 803 to The Vane Brothers Company headquartered in Baltimore, Maryland. This ATB unit is the third of a series of three like units built for Vane. DOUBLE SKIN 803 has an overall length of 403 feet, beam [...]
