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The phrase "profitable industry" is grammatically correct and commonly used in written English.
You can use it when discussing a particular sector or type of business that is successful in generating profit. For example: "The technology industry is currently one of the most profitable industries in the market, with companies reporting record-breaking profits." "The fashion industry is a highly competitive but profitable industry, with top designers and brands earning millions each year." "The renewable energy industry is predicted to be a highly profitable industry in the coming years, as more countries shift towards sustainable energy sources."
Exact(60)
No one can deny that high change fees yield higher profits (for what's presently a profitable industry).
Yet measured by gross profit margins, it is by far the country's most profitable industry.
With a 21% net profit margin, healthcare technology tops the list as the most profitable industry, according to Factset.
It would undermine an otherwise profitable industry.
Tobacco, like the NFL, is also a highly profitable industry.
The greediness of the state will destroy profitable industry".
"This is a very strong, profitable industry," Mr. Riedel said.
Traditional crafts are also a profitable industry in some parts.
"There is simply too much capacity to have a profitable industry at these fuel prices".
We need federal legalization and regulation of this highly profitable industry.
When I say this is a profitable industry, I mean really 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