China's Jiangxi Hongdu sees H1 net up over 200 pct

SHANGHAI, July 23 (Reuters) - Jiangxi Hongdu Aviation Industry Co (600316.SS) said on Wednesday it expected a rise of 200 percent or more in net profit in the first half, buoyed by a significant expansion of its business.

The firm, which supplies aircraft parts to Boeing Co (BA.N) and Airbus (EAD.DE), booked a net profit of 19.72 million yuan ($2.89 million) in the first six months of 2007.

The estimate for the first half was based on unaudited figures. Listed Chinese companies are required to issue preliminary estimates if they expect earnings to rise or fall more than 50 percent.

Jiangxi Hongdu said detailed first-half figures would be released in its interim report. ($1=6.821 Yuan) (Reporting by Fang Yan; Editing by Edmund Klamann)