In Morgan City, Louisiana, on March 31, 2026, Conrad Industries, Inc. (OTCID: CNRD) revealed its performance for 2025 along with its current backlog status. The financial report for the fourth quarter ending on December 31, 2025, showed a significant improvement for Conrad. They reported a net income of $4.7 million with earnings per diluted share at $0.94. This was in stark contrast to the same period in the previous year when they experienced a net loss of $14,000. These positive numbers indicate a strong turnaround in the company's financial standing.