VALHI REPORTS THIRD QUARTER 2023 RESULTS
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 third quarter of 2023 as compared to the same period of 2022 primarily due to lower operating results from our Chemicals Segment.
- Average TiO2 selling prices were 8% lower in the third quarter of 2023 as compared to the third quarter of 2022 and 2% lower in the first nine months of 2023 as compared to the first nine months of 2022.
- TiO2 production volumes were 22% lower in the third quarter of 2023 compared to the third quarter of 2022 and 26% lower in the first nine months of 2023 compared to the same period of 2022.
- Corporate expenses in the third quarter of 2023 were comparable to the third quarter of 2022 and 5% lower in the first nine months of 2023 compared to the same period of 2022.