Kinda depends on server and if you're going to work on it. If you're on a server with a kupo shield alchemist good luck making money, but I don't know if a kupo shield makes smithing magical as well, it very well could.
Seriously, most crafted items are decreasing in profitability as there are more crafters, greater supply, and fewer recipes worth making. If you're asking other people what's profitable, you're already behind the curve on knowing what items are worth making. Use crafting as a means to get items on your own terms. Use it as a way to save money.