Valhi reports Q2 net income of $21.4M vs loss a year ago; declares $0.08 quarterly 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 share) in Q2 2021, vs net loss of $9.1M ($0.32 per share) in Q2 2020.
Chemicals segment net sales rose to $478.6M (+24% YoY) with TiO2 sales volumes up 16% and prices up 3%.
Component Products segment net sales increased to $36.3M (from $23.8M) on higher demand for security products and marine components.
Real Estate segment sales of $10.4M vs $5.2M, and recognized a $5.6M pre-tax gain on sale of excess land.
Board declared regular quarterly dividend of $0.08 per share, payable Sept 23, 2021 to holders of record Sept 2, 2021.

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