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The phrase "and profitable way of" is correct and usable in written English.
It can be used when discussing methods or approaches that yield financial or beneficial results.
Example: "We need to find a more efficient and profitable way of managing our resources."
Alternatives: "and beneficial method of" or "and lucrative approach to".
Exact(4)
As a French commentator once said, "The American way of making cheese is, for sure, the most efficient, rational and profitable way of making cheese.
Out in the morning!" The poet also expounds his "deeply felt conviction, the result of much observation in New York, Brooklyn, and other cities, that the only true and profitable way of reaching the morals of the young is through making them first healthy, clean-blooded and vigorous specimens of men".
"I thought it could be a powerful and profitable way of printing," Hu says.
It is the most natural and profitable way of leading life.
Similar(56)
One of the most enjoyable and profitable ways of investigating the Quartet is to play detective: to look out for meaningful clues scattered through the stories.
"No one is saying the Chinese government went after the Falun Gong specifically for their organs," Mr. Carney writes, "but it seems to have been a remarkably convenient and profitable way to dispose of them.
However, it can often be a more conservative and profitable way to weather the storm of a down-trending market.
From the former Eastern Bloc to the war-ravaged but still beautiful beaches of Beirut, tourism, whether for those seeking a still-unique experience or merely looking for inexpensive, uncrowded countries to explore, is still seen as the most dependable and profitable way to repair what has been decades of damage.
At the end of the day, being authentic is the most frictionless and profitable way to be.
The deal with Travelers provides him with a reasonably dignified and profitable way out.
With the help of smart machines, useful products can be manufactured in an efficient and profitable way.
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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