Valhi Q4 net loss $9.4M; chemicals segment posts $15.3M operating loss; BWC files Ch.11

VALHI INC /DE/

Net loss attributable to Valhi of $9.4M ($0.33/share) vs net income of $52.0M ($1.83) in Q4 2021; full-year net income $90.2M ($3.16) vs $127.2M ($4.46).
Chemicals segment Q4 operating loss $15.3M vs income $55.4M; TiO2 sales volumes down 40% YoY; production curtailed at European facilities.
Real estate segment Q4 sales $20.2M vs $153.1M; subsidiary Basic Water Company filed Ch.11 in Sept 2022, incurring $19.7M in charges in 2022.
Component products segment Q4 sales $40.0M (+17% YoY) and operating income $5.4M (+42% YoY).
Interest expense decreased to $7.0M in Q4 due to lower average debt and currency effects, partially offset by higher variable rates.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

VALHI INC /DE/ reported the full year of 2022 results: net income net income attributable to Valhi stockholders of $90.2 million, or $3.16 per share.

Period: the full year of 2022
Net income: net income attributable to Valhi stockholders of $90.2 million, or $3.16 per share
Result: reported results

Exact text from the filing

For the full year of 2022, Valhi reported net income attributable to Valhi stockholders of $90.2 million, or $3.16 per share compared to net income of $127.2 million, or $4.46 per share for the full year of 2021.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

VALHI INC /DE/ reported the fourth quarter of 2022 results: net income net loss attributable to Valhi stockholders of $9.4 million, or $.33 per share.

Period: the fourth quarter of 2022
Net income: net loss attributable to Valhi stockholders of $9.4 million, or $.33 per share
Result: reported results

Exact text from the filing

Valhi, Inc. (NYSE: VHI) reported a net loss attributable to Valhi stockholders of $9.4 million, or $.33 per share, in the fourth quarter of 2022 compared to net income of $52.0 million, or $1.83 per share, in the fourth quarter of 2021.

View on SEC.gov

Browse all earnings releases →

VALHI INC /DE/ filing history →

Source: SEC EDGAR

accession 0000059255-23-000010

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.