Thai Union Frozen Products (TUF) has reported a record net profit growth of 41 percent in the first quarter of 2014 to THB 950 million (€21.4 million/$29.3 million), compared with THB 674 million (€15.2 million/$20.8 million) in the same period last year.

Earnings before interest, taxes, depreciation and amortization (EBITDA) increased 43 percent compared with the same period the previous year to THB 2,476 million (€55.9 million/$76.3 million).

Organic net revenues for the first quarter of 2014 increased by 4.8 percent to $863 million (€631.7