VALHI REPORTS SECOND QUARTER 2024 RESULTS

Dallas, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Valhi, Inc. (NYSE: VHI) reported net income attributable to Valhi stockholders of $19.9 million, or $.70 per share, in the second quarter of 2024 compared to a net loss of $3.2 million, or $.11 per share, in the second quarter of 2023. For the first six months of 2024, Valhi reported net income attributable to Valhi stockholders of $27.7 million, or $.97 per share, compared to a net loss of $9.0 million, or $.31 per share, in the first six months of 2023. Net income attributable to Valhi stockholders increased in the second quarter of 2024 as compared to the second quarter of 2023 primarily due to higher operating results from the Chemicals Segment. Net income attributable to Valhi stockholders increased in the first six months of 2024 as compared to the same period in 2023 primarily due to higher operating results from the Chemicals Segment partially offset by lower operating income from the Component Products Segment and the Real Estate Management and Development Segment.

Read more at globenewswire.com