Valhi reports third quarter 2023 results

Dallas, texas, nov. 06, 2023 (globe newswire) -- valhi, inc. (nyse: vhi) reported a net loss attributable to valhi stockholders of $6.0 million, or $.21 per share, in the third quarter of 2023 compared to net income of $26.2 million, or $.92 per share, in the third quarter of 2022. for the first nine months of 2023, valhi reported a net loss attributable to valhi stockholders of $16.0 million, or $.56 per share, compared to net income of $99.6 million, or $3.49 per share, in the first nine months of 2022. net income attributable to valhi stockholders decreased in the third quarter of 2023 as compared to the same period of 2022 primarily due to lower operating results from our chemicals segment. net income attributable to valhi stockholders decreased in the first nine months of 2023 as compared to the same period of 2022 primarily due to the net effects of lower operating results from our chemicals segment in 2023 and the impairment of our real estate management and development segment's water delivery system fixed assets in the second quarter of 2022.
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