LLC <LLC>, AMALGAMATED REPORT SIX MONTHS NET
Valhi Inc reported earnings of LLC Corp
and the Amalgamated Sugar Co for the six month period ended
December 31.
    Effective March 10, Amalgamated merged into LLC, which
changed its name to Valhi. The following results reflect the
operations of the companies prior to the merger.
    LLC Corp reported net income of 18.4 mln dlrs or 60 cts a
share on revenues of 55.6 mln dlrs compared to 23.2 mln dlrs or
75 cts a share on revenues of 79.3 mln dlrs a year ago.
   This year's net includes an extraordinary loss of 201,000
dlrs and a gain of 4.7 mln dlrs. 1985's net included an
extraordinary gain of 6.3 mln dlrs, Valhi said.
    Amalgamated reported net income of 10.65 dlrs per share or
69.7 mln dlrs on revenues of 371.3 mln dlrs compared to a net
loss of 700,000 dlrs or 10 cts a share on revenues of 254.7 mln
dlrs last year.
    Valhi said effective December 31, it changed its fiscal
year-end from June 30 to December 31.

 Reuter
