Quarterly ResultAug 6, 2026, 10:11 AM
Tronox Q2 Net Loss $(171)M; Sells Fuzhou Plant for $14M
AI Summary
Tronox Holdings plc reported a net loss attributable to the company of $(171) million for the second quarter of 2026, significantly wider than the $(84) million loss in the same period last year, despite net sales increasing to $868 million. The company completed the sale of its Fuzhou plant for $14 million, resulting in a $20 million gain on disposal, as part of its global asset footprint optimization. Restructuring charges related to plant closures continued, and a $103 million valuation allowance was recorded against US state deferred tax assets.
Key Highlights
- Net loss attributable to Tronox Holdings plc was $(171) million in Q2 2026, compared to $(84) million in Q2 2025.
- Basic and diluted loss per share was $(1.07) in Q2 2026, compared to $(0.53) in Q2 2025.
- Net sales increased to $868 million in Q2 2026 from $731 million in Q2 2025.
- Completed the sale of the Fuzhou plant for $14 million cash, recognizing a $20 million gain.
- Restructuring and other charges were $4 million in Q2 2026, down from $42 million in Q2 2025.
- Accounts receivable securitization facility limit increased to $275 million from $230 million.
- A $103 million valuation allowance was placed against US state deferred tax assets.
Price Impact
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