NL Industries Reports Third Quarter 2025 Financial Results
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NL Industries, Inc. reported a net loss of $7.8 million for Q3 2025, a significant decline from a net income of $36.0 million in Q3 2024. This downturn is attributed to unrealized losses in marketable equity securities and decreased earnings from its subsidiary, Kronos Worldwide, which faced a 6% drop in net sales due to lower TiO2 prices. Despite challenges, CompX showed increased sales and profits. The company remains cautious about global uncertainties and is focused on strategic initiatives to enhance shareholder value.
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