Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2021Ĭonrad Industries, Inc. Tranche Update on Conrad Industries, Inc.'s Equity Buyback Plan announced on August 16, 2010.Ĭonrad Industries, Inc. The company provides both repair and new construction services at its five shipyards located in southern Louisiana and Texas.įor Information Contact: Cecil Hernandez (985) 702-0195 original content: Ĭonrad Industries, Inc. Conrad's backlog was $323.7 million at June 30, 2023, $244.1 million at Decemand $245.1 million at June 30, 2022.Ĭonrad Industries, Inc., established in 1948 and headquartered in Morgan City, Louisiana, designs, builds and overhauls barges, dredges and dredge support equipment, tugboats, ferries, drydocks, liftboats, offshore supply vessels and other steel products for both the commercial and government markets. The Company's financial reports are available at During the first six months of 2023, Conrad added $191.0 million of backlog to its new construction segment compared to $198.8 million added to backlog during the first six months of 2022. The Company had net loss of $11.0 million and loss per diluted share of $2.18 for the six months ended Jcompared to net loss of $3.5 million and loss per diluted share of $0.69 for the six months ended June 30, 2022. (OTC Pink: CNRD) announced today its second quarter and six months ended Jfinancial results and backlog at June 30, 2023.įor the quarter ended June 30, 2023, Conrad had net loss of $5.9 million and loss per diluted share of $1.18 compared to net loss of $3.4 million and loss per diluted share of $0.67 during the second quarter of 2022. 14, 2023 /PRNewswire/ - Conrad Industries, Inc. Pieces of gold, which are very heavy, are separated from the other streambed materials and trapped, as the gravel and other material wash through the recovery system and are then washed back into the stream to fill in the hole as the dredge moves forward in the waterway.MORGAN CITY, La., Aug. It sucks up streambed material (rocks, sand, gravel, silt, gold and other minerals), passes it up through a suction hose, and runs it across a recovery system floating at the surface.

A suction dredge is a powerful underwater-type of vacuum cleaner. Most gold mining today is done in small operations - one or two persons working at a time - often with the use of suction dredges.

Small gold dredge for sale