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The phrase "profitable project" is grammatically correct and can be used in written English.
You can use it to describe a project that is expected to generate a profit or financial gain. Example: The company invested in a profitable project, which resulted in a significant increase in their annual revenue.
Exact(30)
Stein's model suggests that such managers might avoid investing in a long-term profitable project if it meant current profits would fall short of analysts' earnings forecasts, which is typically seen as bad news by investors.
Differences between positive cash flow and profitable project are discussed.
Let's assume that this project is a pretty profitable project.
When The Economist saw him next, he was finishing a profitable project near Moscow.
It said: "Clearly that decision depends on having a profitable project which meets the financial targets".
"At the time, we had an investor, and it looked like a profitable project".
Similar(30)
Therefore, some investors may indeed prefer short-term profits and therefore less risky (and less profitable) projects with more liquidity, while other investors may prefer highly profitable (and highly risky) investment projects with less liquidity.
This finding suggests that the funds raised from warrant exercise are invested in profitable projects.
"So the more profitable projects," Mr. Frisch said, "will go to the big firms".
During the boom, companies had access to cheap credit, which increased the number of profitable projects they could fund.
Markets might have treated this as evidence of a lack of imagination, or a paucity of profitable projects.
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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