Provided By GlobeNewswire
Last update: May 8, 2025
Dallas, Texas, May 08, 2025 (GLOBE NEWSWIRE) -- Valhi, Inc. (NYSE: VHI) reported net income attributable to Valhi stockholders of $16.9 million, or $.59 per share, in the first quarter of 2025 compared to net income of $7.8 million, or $.27 per share, in the first quarter of 2024. Net income attributable to Valhi stockholders increased in the first quarter of 2025 as compared to the first quarter of 2024 primarily due to higher operating results from the Chemicals Segment. As previously reported, effective July 16, 2024, the Chemicals Segment acquired the 50% joint venture interest in Louisiana Pigment Company, L.P. (“LPC”) previously held by Venator Investments, Ltd. Prior to the acquisition, the Chemicals Segment held a 50% joint venture interest in LPC. Following the acquisition, LPC became a wholly-owned subsidiary of the Chemicals Segment. We accounted for the acquisition as a business combination. The results of operations of LPC have been included in our results of operations beginning as of the acquisition date.
Read more at globenewswire.comNYSE:VHI (7/2/2025, 8:04:00 PM)
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