secwatch.observer — SEC 8-K summary
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Issuer:     VALHI INC /DE/ (VHI)
CIK:        0000059255
Form:       8-K
Filed at:   2023-03-09T23:59:59+00:00
Accession:  0000059255-23-000010
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/59255/000005925523000010/0000059255-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/59255/000005925523000010/vhl-20230309x8k.htm
  HTML page:      https://secwatch.observer/filing/0000059255-23-000010

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