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The phrase "actually proving profitable" is correct and usable in written English.
It can be used when discussing the financial success or benefits of a business venture or investment.
Example: "After several months of operation, the new marketing strategy is actually proving profitable for the company."
Alternatives: "truly generating profit" or "demonstrating profitability".
Exact(1)
Research published by supermarket analyst firm Nielsen revealed manufacturers and suppliers spend an estimated $500bn £318bnn) every year on promotions, with just 41 per cent actually proving profitable.
Similar(59)
It's proving profitable too, already their client-list contains McDonald's.
The holdings could prove profitable.
But neither investment proved profitable.
The strategy has proved profitable.
None of them proved profitable.
Trading huddles proved profitable for the firm.
The holdings, too, could prove profitable.
Would Groupon's labor-intensive business model prove profitable?
Perhaps only blocks with heavy traffic will prove profitable.
Almost any marketable metal extracted from wastewater could prove profitable.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com