Valhi reports third quarter 2020 results

Dallas, texas, nov. 05, 2020 (globe newswire) -- valhi, inc. (nyse: vhi) reported net income attributable to valhi stockholders of $15.4 million, or $.54 per diluted share, in the third quarter of 2020 compared to net income of $13.1 million, or $.46 per diluted share, in the third quarter of 2019. for the first nine months of 2020, valhi reported net income attributable to valhi stockholders of $30.7 million, or $1.08 per diluted share compared to net income of $38.5 million, or $1.35 per diluted share in the first nine months of 2019.  net income attributable to valhi stockholders increased in the third quarter of 2020 as compared to the third quarter of 2019 due to the net effects of lower operating results from our chemicals segment and our component products segment offset by lower income taxes in 2020.  net income attributable to valhi stockholders decreased for the first nine months of 2020 due to the net effects of lower operating results from our chemicals segment and our component products segment,  higher income from tax increment infrastructure reimbursement from our real estate management and development segment in 2020 and a litigation settlement charge in the second quarter of 2019. 
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