MORGAN CITY, La., Aug. 15, 2014 /PRNewswire/ -- Conrad
Industries, Inc. (OTC Pink Sheets: CNRD.PK) announced today its
second quarter and six months 2014 financial results and backlog at
June 30, 2014.
For the quarter ended June 30,
2014, Conrad had net income of $6.8
million and earnings per diluted share of $1.14 compared to net income of $6.1 million and earnings per diluted share of
$1.02 during the second quarter of
2013. The Company had net income of $13.2
million and earnings per diluted share of $2.21 for the six months ended June 30, 2014 compared to net income of
$12.0 million and earnings per
diluted share of $2.01 for the six
months ended June 30, 2013. The
Company's financial reports are available at
www.otcmarkets.com.
Conrad's backlog was $173.0
million at June 30, 2014,
$152.9 million at December 31, 2013 and $181.8 million at June
30, 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.