Valhi, Inc. reported consolidated unaudited earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company reported total net sales of $427.4 million compared to $456.7 million a year ago. Total operating loss was $2.2 million compared to total operating income of $136.5 million a year ago. Income from continuing operations before income taxes were $2.1 million compared to $122.3 million a year ago. Loss from continuing operations was $13.0 million or $0.04 loss per basic and diluted share compared to income from continuing operations of $75.5 million or $0.16 per basic and diluted share a year ago. Net income was $9.2 million compared to $75.8 million a year ago. Net income attributable to company stockholders was $3.5 million or $0.01 per basic and diluted share compared to $55.6 million or $0.16 per basic and diluted share a year ago. For the year, the company reported total net sales of $2,087.3 million compared to $2,025.1 million a year ago. Total operating income was $345.4 million compared to total operating income of $521.4 million a year ago. Income from continuing operations before income taxes were $301.4 million compared to $460.8 million a year ago. Income from continuing operations was $196.6 million compared to income from continuing operations was $290.9 million a year ago. Net income was $222.1 million compared to $295.0 million a year ago. Net income attributable to company stockholders was $159.8 million or $0.47 per basic and diluted share compared to $217.5 million or $0.64 per basic and diluted share a year ago. Basic and diluted earnings per share from continuing operations was $0.41 compared to basic and diluted earnings per share from continuing operations of $0.63 a year ago.

Valhi, Inc. reported consolidated unaudited earnings results for the third quarter and nine months ended September 30, 2012. The company reported net income attributable to Valhi stockholders of $22.9 million or $0.07 basic and diluted per share in the third quarter of 2012 compared to $71.5 million or $0.21 basic and diluted per share in the third quarter of 2011. Total net sales were $584.1 million against $524.5 million a year ago. Total operating income was $150.2 million against $43.8 million a year ago. Income before income taxes was $148.5 million against $29.7 million a year ago. For the first nine months of 2012, the company reported net income attributable to Valhi stockholders of $156.2 million or $0.46 basic and diluted per share compared to $161.9 million or $0.47 basic and diluted per share in the first nine months of 2011. Total net sales were $1,612.9 million against $1,706.2 million a year ago. Total operating income was $393.3 million against $353.4 million a year ago. Income before income taxes was $346.9 million against $305.0 million a year ago.

Valhi, Inc. announced unaudited financial results for the second quarter and six months ended June 30, 2012. For the quarter, the company reported total net sales of $573.1 million against $583.8 million a year ago. Total operating income was $139.8 million against $105.0 million a year ago. Income before income taxes was $114.5 million against $96.2 million a year ago. Net income attributable to the company $52.4 million or $0.15 per basic and diluted share against $44.4 million or $0.13 per basic and diluted share a year ago. For the six months, the company reported total net sales of $1,028.8 million against $1,181.7 million a year ago. Total operating income was $243.1 million against $309.6 million a year ago. Income before income taxes was $198.4 million against $275.3 million a year ago. Net income attributable to the company $90.4 million or $0.26 per basic and diluted share against $133.3 million or $0.39 per basic and diluted share a year ago. The company announced that its board of directors has declared a regular quarterly dividend of $0.05 per share on its common stock, payable on September 27, 2012 to stockholders of record at the close of business on September 7, 2012.