Valhi reports fourth quarter 2020 results

Dallas, texas, march 11, 2021 (globe newswire) -- valhi, inc. (nyse: vhi) reported net income from continuing operations attributable to valhi stockholders of $20.2 million, or $.71 per diluted share, in the fourth quarter of 2020 compared to net income from continuing operations of $10.8 million, or $.38 per diluted share, in the fourth quarter of 2019. for the full year of 2020, valhi reported net income from continuing operations attributable to valhi stockholders of $50.9 million, or $1.79 per diluted share compared to net income from continuing operations of $49.2 million, or $1.73 per diluted share for the full year of 2019.  net income from continuing operations attributable to valhi stockholders increased in the fourth quarter of 2020 as compared to the fourth quarter of 2019 primarily due to higher operating results from our real estate management and development segment.  net income from continuing operations attributable to valhi stockholders increased for the full year of 2020 due to the net effects higher operating results from our real estate management and development segment in 2020 and a litigation settlement charge in 2019 offset by lower operating results from our chemicals segment and our component products segment in 2020.
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