Valhi reports second quarter 2021 results

Dallas, texas, aug. 05, 2021 (globe newswire) -- valhi, inc. (nyse: vhi) reported net income attributable to valhi stockholders of $21.4 million, or $.75 per share, in the second quarter of 2021 compared to a net loss of $9.1 million, or $.32 per share, in the second quarter of 2020.  for the first six months of 2021, valhi reported net income attributable to valhi stockholders of $36.2 million, or $1.27 per diluted share compared to net income of $15.3 million, or $.54 per diluted share in the first six months of 2020.  net income attributable to valhi stockholders increased in the second quarter of 2021 as compared to the second quarter of 2020 primarily due to higher operating results from all of our segments and a gain on the sale of land not used in our operations.  net income attributable to valhi stockholders increased in the first six months of 2021 as compared to the first six months of 2020 primarily due to the net effects of higher operating results from our chemicals and component products segments, lower income from tax increment infrastructure reimbursement from our real estate management and development segment in 2021and a gain on the sale of land not used in our operations in the second quarter of 2021.
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