<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM UNIFAB INTERNATIONAL, INC.'S DECEMBER 31, 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> DEC-31-1998 <CASH> 1,842,940 <SECURITIES> 0 <RECEIVABLES> 21,908,821 <ALLOWANCES> 0 <INVENTORY> 5,506,190 <CURRENT-ASSETS> 33,965,249 <PP&E> 30,339,729 <DEPRECIATION> 8,960,232 <TOTAL-ASSETS> 67,266,856 <CURRENT-LIABILITIES> 17,743,608 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 59,800 <OTHER-SE> 40,433,505 <TOTAL-LIABILITY-AND-EQUITY> 67,266,856 <SALES> 23,474,041 <TOTAL-REVENUES> 23,474,041 <CGS> 18,526,735 <TOTAL-COSTS> 18,526,735 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 234,699 <INCOME-PRETAX> 2,633,418 <INCOME-TAX> 956,217 <INCOME-CONTINUING> 1,677,201 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,677,201 <EPS-PRIMARY> 0.28 <EPS-DILUTED> 0.28