CSBT earns P3M more last year than in 2016
The Cebu South Bus Terminal (CSBT) earned P3 million more in 2017 than it did in 2016.
In a document provided by the terminal management, CSBT earned a total of P68,693,908.40 last year while it was P65,981,976.21 in 2016.
The 2017 target was set two percent higher than what they earned in 2016 which is equivalent to an increase of at least P1.3 million. CSBT manager Joey Herrera said that what they have earned is four percent higher than their income two years ago, surpassing their target.
The terminal income has four major components; bus terminal fee, taxi stand, CR, rentals, and others.The parking and arrival terminal fees were the biggest contributing category, which amounted to over P40.7 million. In 2016, it was only P39.69 million.
The peak months were the months of October and December when the monthly terminal fees reached close to P3.5 million.
At present, the terminal fee for a departing bus is P150 while an arriving bus has an entrance fee of P50. Each bus carries an average of 55 passengers.
Meanwhile, the terminal's taxi stand earned P9.35 million, which is higher than the previous P9.12 million.
The income from the comfort room fees have accumulated to P7.76 million. It is P40,000 higher than the P7.36 million income in 2016.
December remains the month with the highest income from all components. In contrast, February is the lowest. In comparison, the difference between the highest and lowest points of income is around P1.2 million.