Great China Mania Holdings, Inc. reported financial results for the second quarter ended June 30, 2014. For the quarter, the company's revenues decreased to $531,820 from $613,389 compared to the same period in 2013. Net income from continuing operations increased by $334,189 to a net profit of $30,617. The remarkable improvement on the gross profit ratio and net income was due to the deployment of new business operations tactics the company has focused its resources on reputable artists and makes higher profits from them. The aim of this tactic is to improve the efficiency and profitability of the company's business through reputable artists, who are already well - known in the entertainment markets and are able to achieve higher revenues and profit margins, instead of new artists, who are to be developed. The decrease in revenues bases from new artists was fully compensated by higher profitability from well - known artists. This operating tactic also indirectly reduced the general and administrative expenses even though the company's gross profit ratio and net income have been improved substantially.

Looking forward to 2014 full year financial results, the company anticipates gross profit ratio will continue to improve and shall achieve a positive net income from operations.