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Kronos Worldwide Reports First Quarter 2022 Results

Globe Newswire - Wed May 4, 2022

Dallas, Texas, May 04, 2022 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE

Kronos Worldwide, Inc. (NYSE:KRO) today reported net income of $57.5 million, or $.50 per share, in the first quarter of 2022 compared to $19.6 million, or $.17 per share, in the first quarter of 2021. We reported higher net income in the first quarter of 2022 as compared to the first quarter of 2021 primarily due to higher income from operations resulting from the net effects of higher average TiO2 selling prices, higher sales volumes, higher production costs and changes in currency exchange rates, as discussed below.

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