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The phrase "affected profitability" is correct and usable in written English.
It can be used when discussing how certain factors or events have had an impact on a company's profits or financial performance.
Example: "The recent market changes have significantly affected profitability for many businesses in the sector."
Alternatives: "impacted earnings" or "influenced profit margins".
Exact(2)
The newspaper also quoted the company as saying it had been in talks with the agency over issues which have affected profitability, such as a higher VAT element of the overall toll.
Rent regulation negatively affected profitability, and hence investment, in private rental housing leading to a strong decline of the tenure and its housing quality over time.
Similar(58)
The push for banks to hold more money in reserve, instead of lending out the cash for a profit, will also affect profitability, according to the Fitch report.
True loyalty clearly affects profitability.
Higher interest payments could affect profitability.
How does change in the product design affect profitability?
The result is lack of scale and that affects profitability.
They reveal that scientists warned management that policy changes to address climate change might affect profitability.
Climate change might not be affecting profitability yet, but resource risks will inevitably begin to impact production.
Saskin said the union used the financial figures only to show how changes it proposed would affect profitability.
In it, he listed steps the company might take to restore its credit rating, which directly affects profitability.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com