secwatch.observer — SEC 8-K summary
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Issuer:     VALHI INC /DE/ (VHI)
CIK:        0000059255
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0000059255-23-000056
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Valhi posts Q2 net loss of $0.18/sh vs year-ago profit; TiO2 volumes down 26%
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- Net loss attributable to stockholders of $5.1M ($0.18/sh) in Q2 2023 vs net income of $28.0M ($0.98/sh) in Q2 2022.
- Chemicals segment net sales fell 22% to $443.2M; operating loss of $2.6M vs prior-year operating income of $69.2M.
- TiO2 sales volumes down 26% YoY; production curtailments drove 64% capacity utilization in Q2 2023.
- Declared regular quarterly dividend of $0.08/sh, payable Sept 21, 2023 to holders of record Sept 1, 2023.
- Second quarter includes $3.8M non-cash loss from UK pension plan termination and $1.1M land sale gain.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/59255/000005925523000056/0000059255-23-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/59255/000005925523000056/vhl-20230803x8k.htm
  HTML page:      https://secwatch.observer/filing/0000059255-23-000056

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