Conrad releases first quarter 2019 results, backlog

Conrad’s backlog was $122.7 million at March 31, 2019, compared to $127.7 million at Dec. 31, 2018, and $106.2 million at March 31, 2018. Conrad Industries photo

Conrad Industries Inc. Morgan City, La. announced 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 during the first quarter of 2018.

Conrad’s backlog was $122.7 million at March 31, 2019, compared to $127.7 million at Dec. 31, 2018, and $106.2 million at March 31, 2018.

Conrad Industries, established in 1948, designs, builds and...

https://www.workboat.com/news/shipbuilding/conrad-releases-first-quarter-2019-results-backlog/

Coal fourth quarter 2018 numbers buck trend, analysis shows

Barged shipments of coal reached their highest quarterly level during the fourth quarter of 2018 since the third quarter of 2017. Corps of Engineers photo

Cleaner burning natural gas and renewable choices such as wind and solar power have, in recent years, displaced coal as a popular source of domestic energy. Coal fired generating plants have been going the way of the dodo bird in recent years, but an analysis of Department of Energy data by River Transport News shows that barged coal shipments improved during the fourth quarter of 2018 compared to the previous quarter and the previous year’s volumes.

Coal shipments moved by barge to domestic...

https://www.workboat.com/news/coastal-inland-waterways/coal-fourth-quarter-2018-numbers-buck-trend-analysis-shows/

Conrad Industries announces third quarter 2018 results and backlog

Conrad Industries provides both repair and new construction services at its five shipyards located in southern Louisiana and Texas. Conrad Industries photo

Conrad Industries Inc., Morgan City, La., has announced its third quarter and nine months 2018 financial results and backlog as of Sept. 30, 2018.

For the quarter ended Sept. 30, 2018, Conrad had net loss of $2.6 million and a loss per diluted share of $0.51 compared to net loss of $193,000 and a loss per diluted share of $0.04 during the third quarter of 2017. The company had net income of $2.7 million and earnings per diluted share of $0.55 for the nine months ended Sept. 30, 2018, compared to...

https://www.workboat.com/news/shipbuilding/conrad-industries-announces-third-quarter-results-backlog/

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