NTIC’s wholly owned China subsidiary also posted strong gains. Lynch said fiscal first-quarter net sales at NTIC China increased 23.5% year over year to $4.9 million, reflecting what he described as “strong demand” in the geography. He added that because most of NTIC China’s sales are for domestic Chinese consumption, management believes exposure to U.S. tariffs is limited.Lynch highlighted Zerust Oil & Gas as a key driver, noting it achieved record first-quarter sales and marked the second consecutive quar ...