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Valhi Posts 4Q Profit

Stock quotes in this article: VHI  

DALLAS (AP) — Manufacturing conglomerate Valhi Inc. posted a fourth-quarter profit compared with a year-earlier loss due partly to a rise in selling prices of a key product.

Net income was $28.5 million, or 25 cents per share, compared with a $14.2 million loss, or 12 cents per share, Valhi said Thursday.

Sales of $285.1 million for the quarter ended Dec. 31 were down 19 percent from $353.6 million in the year-earlier period. ...

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