Morgan City, La., headquartered shipbuilder Conrad Industries,Inc (OTC Pink: CNRD) today reported its 2nd quarter and also 6 months 2019 economic outcomes and also stockpile at June 30, 2019.
For the quarter finished June 30, 2019, Conrad had bottom line of $2.2 million and also loss per watered down share of $0.44 contrasted to take-home pay of $4.7 million and also incomes per watered down share of $0.94 throughout the 2nd quarter of 2018. The firm had bottom line of $2.5 million and also loss per watered down share of $0.50 for the 6 months finished June 30, 2019 contrasted to take-home pay of $5.3 million and also incomes per watered down share of $1.06 for the 6 months finished June 30, 2018. Results for the quarter and also 6 months finished June 30, 2018 consisted of $7.5 million from the Deepwater Horizon Court-Supervised negotiation.
During the initial 6 months of 2019, Conrad included $73.5 countless stockpile to its brand-new building sector contrasted to $39.8 million included in stockpile throughout the initial 6 months of 2018. Conrad’s stockpile was $116.8 million at June 30, 2019, $127.7 million at December 31, 2018 and also $74.5 million at June 30, 2018.
