Welcome to our dedicated page for Valhi news (Ticker: VHI), a resource for investors and traders seeking the latest updates and insights on Valhi stock.
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.
Valhi, Inc. (NYSE: VHI) has declared a quarterly dividend of $0.08 per share, payable on December 22, 2022. Stockholders must be on record by the close of business on December 1, 2022 to receive this dividend. Valhi operates in diverse sectors including chemicals, component products, and real estate.
Valhi reported a net income of $26.2 million ($.92 per share) for Q3 2022, down from $39.0 million ($1.36 per share) in Q3 2021. Year-to-date, net income rose to $99.6 million ($3.49 per share) from $75.2 million ($2.64 per share) in 2021. The decline in Q3 is attributed to lower operating results in the Chemicals Segment, while year-to-date growth is due to improved results in that segment. In Q3, Chemicals Segment sales were $459.6 million, down from $499.8 million in 2021. Significant currency fluctuations impacted revenues, while operating income for Chemicals fell to $34.3 million from $60.3 million in Q3 2021.
Valhi reported a net income of $28.0 million, or $.98 per share, for Q2 2022, up from $21.4 million or $.75 per share in Q2 2021. For the first half of 2022, net income reached $73.4 million, a significant rise from $36.2 million in 2021. The growth was driven by the Chemicals Segment with net sales of $565.3 million in Q2 2022, boosted by a 26% increase in average TiO2 selling prices. However, the Real Estate segment faced a $16.0 million impairment of water delivery system assets due to low levels at Lake Mead.