Valhi reports Q4 net income $3.9M vs year-ago loss; full-year net loss $12.1M

VALHI INC /DE/

Q4 2023 net income attributable to Valhi stockholders $3.9M ($0.14/diluted) vs net loss $9.4M ($0.33) in Q4 2022.
Full-year 2023 net loss $12.1M ($0.42/diluted) vs net income $90.2M ($3.16) in 2022.
Chemicals Segment Q4 sales $400.1M (+17% YoY), operating loss improved to $1.6M from $15.3M loss.
Chemicals Segment full-year sales $1.7B (-14% YoY) with operating loss $41.1M vs income $174.6M.
Chemicals Segment incurred $96M in unabsorbed fixed costs due to production curtailments at 72% capacity utilization.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

VALHI INC /DE/ reported the fourth quarter of 2023 results: net income $3.9 million, EPS $.14 per share.

Period: the fourth quarter of 2023
Net income: $3.9 million
EPS: $.14 per share
Result: reported results

Exact text from the filing

Valhi, Inc. (NYSE: VHI) reported net income attributable to Valhi stockholders of $3.9 million, or $.14 per share, in the fourth quarter of 2023

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Source: SEC EDGAR

accession 0000059255-24-000012

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