secwatch.observer — SEC 8-K summary
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Issuer:     VALHI INC /DE/ (VHI)
CIK:        0000059255
Form:       8-K
Filed at:   2024-03-07T23:59:59+00:00
Accession:  0000059255-24-000012
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/59255/000005925524000012/0000059255-24-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/59255/000005925524000012/vhl-20240307x8k.htm
  HTML page:      https://secwatch.observer/filing/0000059255-24-000012

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