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Stock impact report

VALHI REPORTS FIRST QUARTER 2024 RESULTS [Yahoo! Finance]

Valhi, Inc. (VHI) 
US:NYSE Investor Relations: valhi.net/investor-relations
Company Research Source: Yahoo! Finance
per share, in the first quarter of 2024 compared to a net loss attributable to Valhi stockholders of $4.9 million, or $.17 per share, in the first quarter of 2023. Net income attributable to Valhi stockholders increased in the first quarter of 2024 as compared to the first quarter of 2023 primarily due to higher operating income from our Chemicals Segment partially offset by lower operating income from our Component Products Segment and our Real Estate Management and Development Segment. The Chemicals Segment's net sales of $478.8 million in the first quarter of 2024 were $52.5 million, or 12%, higher than in the first quarter of 2023. The Chemicals Segment's net sales increased in the first quarter of 2024 compared to the first quarter of 2023 due to the net effects of higher sales volumes due to strengthening demand for TiO in all the Chemicals Segment's major markets and lower average TiO selling prices. The Chemicals Segment's TiO sales volumes were 28% higher in the first quart Show less Read more
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