CEBU CITY—The Cebu South Bus Terminal (CSBT) has recorded a slight increase in revenue a year after the COVID-19 pandemic struck.
Carmen Quijano, manager of CSBT, revealed in a press briefing Tuesday that since January this year, the CSBT earned a monthly income of around P2 million to P4 million.
“Our income here in CSBT has been improving. We can collect at least P2 million per month, and sometimes, can reach up to P4 million,” Quijano said in Cebuano.
Quijano said the terminal’s income in the early part of 2021 is a big improvement compared to last year wherein the CSBT was only able to collect less than P1 million per month.
While the terminal’s earnings increased this year, Quijano pointed out that the income has yet to return to what it used to be before the pandemic.
“Before the pandemic, we usually earn around P6.7 million per month. There were even times that we reached up to P7 million a month,” said Quijano.
CSBT has been one of the provincial government’s highest-earning sources being the largest public bus terminal in Cebu
The terminal’s income dropped by 63 percent in 2020 due to travel restrictions caused by the health crisis.
While the its income was badly affected by the pandemic, the facility still underwent major improvements, including the implementation of the centralized cashless and automated bus ticketing system.V