<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM UNIFAB INTERNATIONAL, INC.'S SEPTEMBER 30, 1998 FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 2,130,932 <SECURITIES> 0 <RECEIVABLES> 25,659,391 <ALLOWANCES> 0 <INVENTORY> 8,129,898 <CURRENT-ASSETS> 38,350,591 <PP&E> 27,852,566 <DEPRECIATION> 8,345,723 <TOTAL-ASSETS> 70,382,438 <CURRENT-LIABILITIES> 25,244,009 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 59,502 <OTHER-SE> 37,583,965 <TOTAL-LIABILITY-AND-EQUITY> 70,382,438 <SALES> 31,585,118 <TOTAL-REVENUES> 31,585,118 <CGS> 25,212,423 <TOTAL-COSTS> 25,212,423 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 300,864 <INCOME-PRETAX> 3,378,588 <INCOME-TAX> 1,676,713 <INCOME-CONTINUING> 1,676,713 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,676,713 <EPS-PRIMARY> 0.38 <EPS-DILUTED> 0.38