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"making it profitable" is correct and can be used in written English.
It is used to mean increasing the profitability of something, such as a business. For example: The new manager has implemented several cost-saving measures, making it profitable for the business.
Exact(22)
For at least two decades through the late 1980's, such divergences soon reversed themselves, making it profitable to buy the stock that underperformed its partner while shorting the other, according to William N. Goetzmann, a finance professor at the Yale School of Management.
Making it profitable will also be important.
But creating a toy line, getting it to market and making it profitable can take years.
"It's important Europe focuses on the issue of demand as it is what fuels human trafficking by making it profitable.
Nor did the government or G.M. decide to sell the Volt at a loss, which, paradoxically, might have been the best hope for making it profitable.
International prices have now risen above the subsidized price of milk there, making it profitable for American dairies to export their milk.
Similar(37)
But that's been sufficient to earn the company well over $100 million in annual revenue and make it profitable since its inception.
The government isn't crowding out business – its deficits are providing vital demand to make it profitable.
But Geron has other products in its pipeline, and hopes such high-tech healing will make it profitable.
Rising prices allows companies to increase profit margins quietly, by not raising wages, which in turn makes it profitable for companies to hire additional workers.
It is "extremely difficult to make it profitable," he said.
More suggestions(15)
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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