BOC-Port of Cebu posts new highest collection for 2022

By: Wenilyn B. Sabalo - CDN Digital Multimedia Reporter | July 07,2022 - 12:03 PM

CEBU CITY, Philippines — The Bureau of Customs (BOC) Port of Cebu posted its new highest collection for the year 2022 so far in June.

The BOC Port of Cebu, in a social media post last Monday, July 4, 2022, said that with a total revenue collection of over P3.968 billion for June, the Bureau surpassed its P3.70 billion monthly revenue target by P269 million or 7.27 percent.

The Bureau also said that it is now the highest monthly collection ever posted in the port’s history.

“On a three-month streak, Port of Cebu has collected its three highest monthly revenues this April, May, and June. This month’s collection is higher than the previous month’s P3.60 Billion collection and posts a significant year-on-year increase of 31.76% compared to the Port’s collection of P3.012 Billion last June 2021,” reads a portion of the post.

District Collector Charlito Martin Mendoza said the port’s consistent positive collection performance is due to the “untiring service of the men and women of the Port of Cebu.”

He then thanked its stakeholders and partner government agencies for their constant support to the port.

“The persistent vigilance against smuggling, enhancement of trade facilitation through regular stakeholder engagement, and maximizing non-traditional revenue sources have greatly contributed to the laudable collection efforts of the Port,” Mendoza said.

BOC Port of Cebu’s consistent collection performance has resulted in a total revenue collection of Php20.189 Billion, representing a Php3.05 Billion surplus over its cumulative target of Php17.140 Billion for the first half of 2022.

RELATED STORIES:

BOC Port of Cebu surpasses May 2022 collection target by more than P600 M

BOC Port of Cebu exceeds April collection target by over P600M

Subscribe to our regional newsletter


Read Next

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of Cebudailynews. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

TAGS: Bureau of Customs, Cebu Daily News, Cebu Port Authority, exceeded monthly collection

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.