Dallas, Texas, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Valhi, Inc. (NYSE:VHI) reported net income attributable to Valhi stockholders of $28.0 million, or $.98 per share, in the second quarter of 2022 compared to $21.4 million, or $.75 per share, in the second quarter of 2021. For the first six months of 2022, Valhi reported net income attributable to Valhi stockholders of $73.4 million, or $2.57 per share compared to net income of $36.2 million, or $1.27 per share in the first six months of 2021. Net income attributable to Valhi stockholders increased in the second quarter and first six months of 2022 as compared to the same periods of 2021 primarily due to the net effects of higher operating results from our Chemicals Segment, the impairment of our Real Estate Management and Development Segment’s water delivery system fixed assets in the second quarter of 2022, and a gain on the sale of land not used in our operations in the second quarter of 2021.
Read more at globenewswire.comVALHI REPORTS SECOND QUARTER 2022 RESULTS
Globe Newswire - Press Release
All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here
/Apple%20Inc%20logo%20on%20Apple%20store-by%20PhillDanze%20via%20iStock.jpg)
/Elon%20Musk%2C%20founder%2C%20CEO%2C%20and%20chief%20engineer%20of%20SpaceX%2C%20CEO%20of%20Tesla%20by%20Frederic%20Legrand%20-%20COMEO%20via%20Shutterstock.jpg)