MORGAN CITY, La., May 15, 2014 /PRNewswire/ -- Conrad
Industries, Inc. (OTC Pink Sheets: CNRD.PK) announced today its
first quarter 2014 results.
For the quarter ended March 31,
2014, Conrad achieved net income of $6.4 million and earnings per diluted share of
$1.08 compared to net income of
$5.9 million and earnings per diluted
share of $0.99 during the first
quarter of 2013. The Company's financial reports are
available at www.otcmarkets.com.
Conrad's backlog was $155.8
million at March 31, 2014
compared to $152.9 million at
December 31, 2013 and $125.5 million at March
31, 2013.
Conrad Industries, Inc., established in 1948 and headquartered
in Morgan City, Louisiana,
designs, builds and overhauls tugboats, ferries, liftboats, barges,
offshore supply vessels and other steel and aluminum products for
both the commercial and government markets. The company provides
both repair and new construction services at its five shipyards
located in southern Louisiana and
Texas.
For Information Contact:
Cecil Hernandez (985) 702-0195
CAHernandez@ConradIndustries.com
SOURCE Conrad Industries, Inc.