Valhi Q2 net income $21.4M ($0.75/sh) vs loss $9.1M; declares $0.08 dividend

VALHI INC /DE/

2022-Q2 EPS reported $1.27 revenue$1,034,300,000

Net income attributable to Valhi stockholders of $21.4M ($0.75 per diluted share) vs net loss of $9.1M ($0.32 per share) in Q2 2020.
Chemicals segment net sales $478.6M (+24% YoY) on 16% higher TiO2 volumes and 3% higher prices.
Component Products net sales $36.3M (+53% YoY); operating income $5.8M vs $2.4M.
Real Estate sales $10.4M including $8.5M land sales; gain on sale of excess property $5.6M pre-tax.
Board declares regular quarterly dividend $0.08 per share, payable Sept 23, 2021 to holders of record Sept 2, 2021.

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