Valhi, Inc. reports developments for a diversified holding company engaged in chemicals, component products, and real estate management and development. Its largest recurring operating focus is the Chemicals segment, which produces and markets value-added titanium dioxide pigments, or TiO2, used in paints, plastics, paper, fibers, and ceramics.
Company updates commonly cover quarterly earnings, segment operating results, TiO2 sales volumes and selling prices, currency effects, tax items, environmental remediation matters, and regular common-stock dividends. News also reflects performance in component products, including security products and recreational marine components, and activity in real estate management and development.
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Valhi, Inc. (NYSE: VHI) reported a substantial net loss of $9.4 million ($0.33 per share) in Q4 2022, contrasting sharply with a net income of $52.0 million ($1.83 per share) in Q4 2021. For 2022, net income fell to $90.2 million ($3.16 per share) from $127.2 million ($4.46 per share) in 2021. The Chemicals Segment saw net sales decline to $342.4 million in Q4 2022 from $496.0 million in Q4 2021, primarily due to a 40% drop in TiO2 sales volumes driven by decreased demand in European markets. The Real Estate Segment also faced challenges, reporting decreased sales of $20.2 million in Q4 2022 from $153.1 million in Q4 2021.
Valhi, Inc. (NYSE: VHI) has declared a quarterly dividend of $0.08 per share, scheduled for payment on March 28, 2023. Shareholders on record by March 13, 2023, will receive this dividend. Valhi operates in various sectors, including chemicals, component products, and real estate management.