Chinese instant noodle producer Tingyi posted increased first-quarter profits on the back of rising sales.

Sales for the first quarter of US$1.18bn, up from $969.1m in the first quarter of last year.

Net profit rose by 43% from $65.1m to $92.8m.

Group EBITDA increased by 37% to $220.2m.

The company said turnover from its noodle business rose by 12% to $587.7m, representing 50% of group turnover.

During the quarter, the company upgraded the packaging for its Gold Mark Fumanduo middle-market brand.

Tingyi said it was confident of maintaining double-digit growth in revenues in 2009.